Suite number:
305
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1735 sqft
Occupancy Date:
Dec 2024
Price, CAD
$2,799,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.85%
Cumulative Return on Investment in Year 5
87.34%
Property Price at the End of Year 5
$3,607,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 10149 days
$559,980
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $188,000 | $197,000 | $208,000 | $218,000 | $230,000 | $1,848,000 |
| rent income | $56,000 | $63,000 | $66,000 | $69,000 | $72,000 | $75,000 | $78,000 | $81,000 | $85,000 | $89,000 | $734,000 |
| mortgage principal reduction | $33,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $441,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $258,000 | $254,000 | $267,000 | $280,000 | $293,000 | $308,000 | $323,000 | $338,000 | $355,000 | $372,000 | $3,047,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $560,000 | - | - | - | - | - | - | - | - | - | $560,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $152,000 | - | - | - | - | - | - | - | - | - | $152,000 |
| operating expense | $22,000 | $25,000 | $26,000 | $27,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $278,000 |
| mortgage payment | $125,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $136,000 | $1,351,000 |
| total expense investment | $859,000 | $161,000 | $162,000 | $163,000 | $164,000 | $164,000 | $165,000 | $166,000 | $167,000 | $168,000 | $2,340,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$600,907 | $93,000 | $105,000 | $117,000 | $130,000 | $143,000 | $157,000 | $172,000 | $188,000 | $204,000 | $707,000 |
| cumulative roi | $25 | $44 | $60 | $74 | $87 | $100 | $111 | $123 | $134 | $145 | $903 |
Residences on Keewatin Park
Address: Toronto C10, Ontario
Price Range: $2,100,000 - $3,700,000
Avail. suites: 15
1—4.5 bd
619—2328 SqFt