Suite number:
410
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1744 sqft
Occupancy Date:
Dec 2024
Price, CAD
$3,399,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.25%
Cumulative Return on Investment in Year 5
84.18%
Property Price at the End of Year 5
$4,380,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 10149 days
$679,980
Net Gain (Loss)
Get Expert Advice
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 | $176,000 | $186,000 | $196,000 | $206,000 | $217,000 | $228,000 | $240,000 | $252,000 | $265,000 | $279,000 | $2,244,000 |
| rent income | $56,000 | $64,000 | $66,000 | $69,000 | $72,000 | $75,000 | $79,000 | $82,000 | $85,000 | $89,000 | $738,000 |
| mortgage principal reduction | $40,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $65,000 | $536,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $297,000 | $295,000 | $310,000 | $325,000 | $341,000 | $358,000 | $375,000 | $394,000 | $413,000 | $434,000 | $3,542,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $680,000 | - | - | - | - | - | - | - | - | - | $680,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $182,000 | - | - | - | - | - | - | - | - | - | $182,000 |
| operating expense | $24,000 | $27,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $33,000 | $35,000 | $299,000 |
| mortgage payment | $152,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $1,640,000 |
| total expense investment | $1,037,000 | $192,000 | $193,000 | $194,000 | $195,000 | $196,000 | $197,000 | $198,000 | $199,000 | $200,000 | $2,801,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$740,900 | $103,000 | $117,000 | $131,000 | $146,000 | $162,000 | $179,000 | $196,000 | $214,000 | $234,000 | $741,000 |
| cumulative roi | $25 | $43 | $58 | $72 | $84 | $96 | $106 | $117 | $127 | $137 | $864 |
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