Suite number:
2.8
Project:
Address:
Toronto C01, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
744 sqft
Occupancy Date:
Jan 2030
Price, CAD
$1,619,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
30.80%
Cumulative Return on Investment in Year 5
137.80%
Property Price at the End of Year 5
$2,087,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$80,995
5% in 180 days
$80,995
2.5% in 720 days
$40,498
2.5% in 1200 days
$40,498
5% on Occupancy
$80,995
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 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $120,000 | $126,000 | $133,000 | $1,069,000 |
| rent income | - | - | - | - | $2,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $121,000 |
| mortgage principal reduction | - | - | - | - | $2,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $112,000 |
| deposit interest | $6,000 | $8,000 | $11,000 | $15,000 | $11,000 | - | - | - | - | - | $51,000 |
| gst hst rebate | - | - | - | - | - | $24,000 | - | - | - | - | $24,000 |
| total income return | $90,000 | $97,000 | $104,000 | $113,000 | $118,000 | $174,000 | $158,000 | $166,000 | $174,000 | $183,000 | $1,377,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $162,000 | $40,000 | - | $40,000 | $81,000 | - | - | - | - | - | $324,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $98,000 | - | - | - | - | - | $98,000 |
| operating expense | - | - | - | - | $1,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $78,000 |
| mortgage payment | - | - | - | - | $7,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $412,000 |
| total expense investment | $162,000 | $40,000 | - | $40,000 | $187,000 | $96,000 | $96,000 | $96,000 | $97,000 | $97,000 | $912,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$72,014 | $57,000 | $104,000 | $72,000 | -$69,226 | $79,000 | $62,000 | $69,000 | $77,000 | $86,000 | $465,000 |
| cumulative roi | $56 | $92 | $144 | $166 | $138 | $151 | $156 | $161 | $166 | $171 | $1,000 |
Freed Hotel & Residences
Address: Toronto C01, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 23
0—3 bd
275—3969 SqFt