Suite number:
410
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
Bedrooms:
2.5
Size:
1698 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
19.26%
Cumulative Return on Investment in Year 5
88.51%
Property Price at the End of Year 5
$4,380,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$159,995
15% on Occupancy
$509,985
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 | $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 | $45,000 | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $79,000 | $83,000 | $86,000 | $704,000 |
| mortgage principal reduction | $36,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $560,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $282,000 | $297,000 | $311,000 | $326,000 | $342,000 | $358,000 | $376,000 | $394,000 | $413,000 | $433,000 | $3,532,000 |
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 | $19,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $289,000 |
| mortgage payment | $117,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $1,519,000 |
| total expense investment | $998,000 | $182,000 | $183,000 | $184,000 | $185,000 | $186,000 | $187,000 | $188,000 | $189,000 | $190,000 | $2,670,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$716,214 | $115,000 | $128,000 | $142,000 | $157,000 | $173,000 | $189,000 | $206,000 | $224,000 | $243,000 | $863,000 |
| cumulative roi | $25 | $44 | $61 | $75 | $89 | $101 | $112 | $123 | $134 | $145 | $909 |
Keewatin is a luxury collection of 36 high-end, modern condominiums located at Mt. Pleasant and Eglinton. Spacious and stately, the homes range from 800 to 2,500 sq. ft. with 1-bedroom + den, 2-bedroom, 2-bedroom + den, 3-bedroom, 3-bedroom + den and...
Address: Toronto C10, Ontario
Price Range: $2,100,000 - $3,700,000
Avail. suites: 16
1—4.5 bd
619—2328 SqFt