Suite number:
2.4
Project:
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
Want to own a unit? —
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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