Suite number:
1006 (Modern Collection)
Project:
Address:
Toronto, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
831 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,429,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.17%
Cumulative Return on Investment in Year 5
80.92%
Property Price at the End of Year 5
$1,842,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$71,495
15% on Occupancy
$214,485
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 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $944,000 |
rent income | $18,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $286,000 |
mortgage principal reduction | $13,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $214,000 |
deposit interest | $449 | - | - | - | - | - | - | - | - | - | $449 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $130,000 | $121,000 | $127,000 | $134,000 | $140,000 | $147,000 | $155,000 | $162,000 | $171,000 | $179,000 | $1,467,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $286,000 | - | - | - | - | - | - | - | - | - | $286,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
operating expense | $10,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $145,000 |
mortgage payment | $54,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $698,000 |
total expense investment | $440,000 | $85,000 | $86,000 | $86,000 | $86,000 | $87,000 | $87,000 | $87,000 | $88,000 | $88,000 | $1,219,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$310,503 | $36,000 | $42,000 | $48,000 | $54,000 | $61,000 | $68,000 | $75,000 | $83,000 | $91,000 | $248,000 |
cumulative roi | $27 | $44 | $58 | $70 | $81 | $91 | $101 | $110 | $119 | $127 | $826 |
ANX Condos
Address: Toronto, Ontario
Price Range: $1,100,000 - $6,174,000
Avail. suites: 18
2—4 bd
701—2806 SqFt