Suite number:

2.4

Address:
Toronto C01, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
733 sqft
Occupancy Date:
Jan 2030
Price, CAD
$1,409,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

30.41%

Cumulative Return on Investment in Year 5

136.06%

Property Price at the End of Year 5

$1,816,000

Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$70,495
5% in 180 days
$70,495
2.5% in 720 days
$35,248
2.5% in 1200 days
$35,248
5% on Occupancy
$70,495
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$73,000$77,000$81,000$85,000$90,000$94,000$99,000$105,000$110,000$116,000$930,000
rent income----$2,000$22,000$22,000$23,000$24,000$25,000$119,000
mortgage principal reduction----$1,000$17,000$18,000$19,000$20,000$21,000$98,000
deposit interest$5,000$7,000$9,000$13,000$10,000-----$45,000
gst hst rebate-----$24,000----$24,000
total income return$78,000$84,000$90,000$98,000$103,000$157,000$140,000$147,000$155,000$162,000$1,216,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$141,000$35,000-$35,000$70,000-----$282,000
remaining balance payment-----------
closing cost----$90,000-----$90,000
operating expense----$1,000$14,000$14,000$15,000$15,000$15,000$74,000
mortgage payment----$6,000$71,000$71,000$71,000$71,000$71,000$359,000
total expense investment$141,000$35,000-$35,000$167,000$84,000$85,000$85,000$85,000$86,000$804,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$62,673$49,000$90,000$63,000-$64,474$73,000$55,000$62,000$69,000$76,000$411,000
cumulative roi$56$92$144$166$136$151$156$161$167$173$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