Suite number:
703
Project:
Address:
Toronto C02, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1929 sqft
Occupancy Date:
Mar 2023
Price, CAD
$3,249,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.91%
Cumulative Return on Investment in Year 5
153.44%
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 | $115,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $616,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $284,000 | $223,000 | $235,000 | $247,000 | $260,000 | $273,000 | $287,000 | $302,000 | $317,000 | $333,000 | $2,761,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $1,627,000 |
| total expense investment | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 | $1,627,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $121,000 | $61,000 | $72,000 | $84,000 | $97,000 | $110,000 | $124,000 | $139,000 | $154,000 | $171,000 | $1,133,000 |
| cumulative roi | $174 | $156 | $152 | $152 | $153 | $156 | $159 | $162 | $166 | $170 | $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