Suite number:
703
Project:
Address:
Toronto C02, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1929 sqft
Occupancy Date:
Mar 2023
Price, CAD
$3,249,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.03%
Cumulative Return on Investment in Year 5
158.87%
Property Price at the End of Year 5
$4,187,000
Deposit Schedule
$5 at Signing
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 | $169,000 | $178,000 | $187,000 | $197,000 | $207,000 | $218,000 | $229,000 | $241,000 | $253,000 | $267,000 | $2,145,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $116,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $65,000 | $68,000 | $629,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $285,000 | $225,000 | $236,000 | $248,000 | $261,000 | $274,000 | $288,000 | $303,000 | $318,000 | $334,000 | $2,774,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $1,581,000 |
| total expense investment | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $1,581,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $127,000 | $67,000 | $78,000 | $90,000 | $103,000 | $116,000 | $130,000 | $145,000 | $160,000 | $176,000 | $1,193,000 |
| cumulative roi | $180 | $161 | $157 | $157 | $159 | $161 | $164 | $168 | $171 | $175 | $2,000 |
346 Davenport
Address: Toronto C02, Ontario
Price Range: $2,330,000 - $4,580,000
Avail. suites: 4
2—4 bd
1019—2801 SqFt