Suite number:
1203 (Lower Penthouses)
Project:
Address:
Toronto, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
2806 sqft
Occupancy Date:
Sep 2025
Price, CAD
$6,173,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.61%
Cumulative Return on Investment in Year 5
80.11%
Property Price at the End of Year 5
$7,954,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$308,695
15% on Occupancy
$926,085
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 | $320,000 | $338,000 | $355,000 | $374,000 | $393,000 | $414,000 | $435,000 | $458,000 | $482,000 | $507,000 | $4,074,000 |
rent income | $73,000 | $101,000 | $105,000 | $110,000 | $115,000 | $120,000 | $125,000 | $130,000 | $136,000 | $142,000 | $1,157,000 |
mortgage principal reduction | $57,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $922,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $476,000 | $518,000 | $544,000 | $571,000 | $599,000 | $629,000 | $660,000 | $693,000 | $727,000 | $764,000 | $6,180,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $1,235,000 | - | - | - | - | - | - | - | - | - | $1,235,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $322,000 | - | - | - | - | - | - | - | - | - | $322,000 |
operating expense | $38,000 | $52,000 | $53,000 | $54,000 | $55,000 | $57,000 | $58,000 | $59,000 | $61,000 | $62,000 | $549,000 |
mortgage payment | $232,000 | $309,000 | $309,000 | $309,000 | $309,000 | $309,000 | $309,000 | $309,000 | $309,000 | $309,000 | $3,014,000 |
total expense investment | $1,827,000 | $361,000 | $362,000 | $363,000 | $365,000 | $366,000 | $367,000 | $368,000 | $370,000 | $371,000 | $5,120,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$1,350,637 | $157,000 | $181,000 | $207,000 | $234,000 | $263,000 | $293,000 | $324,000 | $358,000 | $392,000 | $1,060,000 |
cumulative roi | $23 | $41 | $56 | $69 | $80 | $91 | $100 | $110 | $119 | $128 | $816 |
ANX Condos
Address: Toronto, Ontario
Price Range: $1,100,000 - $6,174,000
Avail. suites: 18
2—4 bd
701—2806 SqFt