Suite number:
1006 (Modern Collection)
Project:
Address:
Toronto C02, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
831 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,483,900
Available
ROI
11,91%
Monthly Expenses
- condo fees— $573
- property taxes— $371
- property management— $125
- repairs and maintenance— $62
Total: $1,131
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.93%
Cumulative Return on Investment in Year 5
83.36%
Property Price at the End of Year 5
$1,912,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$74,195
5% in 120 days
$74,195
10% on Occupancy
$148,390
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $105,000 | $110,000 | $116,000 | $122,000 | $979,000 |
| rent income | $6,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $269,000 |
| mortgage principal reduction | $4,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $208,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $114,000 | $124,000 | $130,000 | $137,000 | $144,000 | $151,000 | $158,000 | $166,000 | $175,000 | $183,000 | $1,483,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $297,000 | - | - | - | - | - | - | - | - | - | $297,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| operating expense | $3,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $138,000 |
| mortgage payment | $19,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $687,000 |
| total expense investment | $412,000 | $88,000 | $88,000 | $89,000 | $89,000 | $89,000 | $90,000 | $90,000 | $90,000 | $91,000 | $1,215,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$297,264 | $36,000 | $42,000 | $48,000 | $55,000 | $62,000 | $69,000 | $76,000 | $84,000 | $93,000 | $268,000 |
| cumulative roi | $27 | $45 | $60 | $72 | $83 | $94 | $103 | $112 | $121 | $129 | $847 |
ANX Condos
Address: Toronto C02, Ontario
Price Range: $1,146,000 - $3,854,000
Avail. suites: 14
2—4 bd
701—1939 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.