Suite number:
2.1B (N/W) (Tower Collection)
Project:
Address:
Toronto, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
609 sqft
Occupancy Date:
Jan 2030
Price, CAD
$1,224,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.74%
Cumulative Return on Investment in Year 5
131.63%
Property Price at the End of Year 5
$1,579,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$61,245
5% in 180 days
$61,245
2.5% in 720 days
$30,623
2.5% in 1200 days
$30,623
5% on Occupancy
$61,245
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 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $96,000 | $101,000 | $809,000 |
| rent income | - | - | - | - | $9,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $108,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $93,000 |
| deposit interest | $3,000 | $6,000 | $8,000 | $11,000 | $4,000 | - | - | - | - | - | $33,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $67,000 | $73,000 | $78,000 | $85,000 | $122,000 | $116,000 | $121,000 | $128,000 | $134,000 | $141,000 | $1,066,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $122,000 | $31,000 | - | $31,000 | $61,000 | - | - | - | - | - | $245,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $82,000 | - | - | - | - | - | $82,000 |
| operating expense | - | - | - | - | $6,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $68,000 |
| mortgage payment | - | - | - | - | $31,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $337,000 |
| total expense investment | $122,000 | $31,000 | - | $31,000 | $180,000 | $73,000 | $73,000 | $74,000 | $74,000 | $74,000 | $732,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$55,203 | $43,000 | $78,000 | $55,000 | -$57,826 | $43,000 | $48,000 | $54,000 | $60,000 | $66,000 | $334,000 |
| cumulative roi | $55 | $92 | $143 | $166 | $132 | $138 | $145 | $151 | $157 | $163 | $1,000 |
Freed Hotel & Residences
Address: Toronto, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 47
0—3 bd
275—5722 SqFt