Suite number:
203
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
4.5
Size:
1856 sqft
Occupancy Date:
Dec 2024
$2,949,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.92%
Cumulative Return on Investment in Year 5
87.55%
Property Price at the End of Year 5
$3,800,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 10149 days
$589,980
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 | $153,000 | $161,000 | $170,000 | $179,000 | $188,000 | $198,000 | $208,000 | $219,000 | $230,000 | $242,000 | $1,947,000 |
rent income | $60,000 | $68,000 | $71,000 | $74,000 | $77,000 | $80,000 | $84,000 | $87,000 | $91,000 | $95,000 | $785,000 |
mortgage principal reduction | $35,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $54,000 | $57,000 | $465,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $272,000 | $269,000 | $282,000 | $296,000 | $310,000 | $325,000 | $341,000 | $358,000 | $375,000 | $394,000 | $3,221,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $590,000 | - | - | - | - | - | - | - | - | - | $590,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $159,000 | - | - | - | - | - | - | - | - | - | $159,000 |
operating expense | $24,000 | $27,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $295,000 |
mortgage payment | $132,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $1,423,000 |
total expense investment | $905,000 | $170,000 | $171,000 | $172,000 | $173,000 | $174,000 | $175,000 | $176,000 | $177,000 | $178,000 | $2,468,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$633,077 | $99,000 | $111,000 | $124,000 | $137,000 | $152,000 | $167,000 | $182,000 | $199,000 | $216,000 | $753,000 |
cumulative roi | $25 | $44 | $60 | $74 | $88 | $100 | $112 | $123 | $134 | $146 | $906 |
Residences on Keewatin Park
Address: Toronto C10, Ontario
Price Range: $2,100,000 - $3,700,000
Avail. suites: 15
1—4.5 bd
619—2328 SqFt