Suite number:
402
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
Bedrooms:
3
Size:
1865 sqft
Occupancy Date:
Dec 2024
Price, CAD
$3,699,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.30%
Cumulative Return on Investment in Year 5
88.56%
Property Price at the End of Year 5
$4,767,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$174,995
15% on Occupancy
$554,985
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 | $192,000 | $202,000 | $213,000 | $224,000 | $236,000 | $248,000 | $261,000 | $274,000 | $289,000 | $304,000 | $2,442,000 |
| rent income | $49,000 | $68,000 | $70,000 | $74,000 | $77,000 | $80,000 | $83,000 | $87,000 | $91,000 | $95,000 | $773,000 |
| mortgage principal reduction | $39,000 | $54,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $68,000 | $71,000 | $74,000 | $609,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $305,000 | $324,000 | $339,000 | $356,000 | $373,000 | $391,000 | $410,000 | $430,000 | $450,000 | $472,000 | $3,849,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $740,000 | - | - | - | - | - | - | - | - | - | $740,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $197,000 | - | - | - | - | - | - | - | - | - | $197,000 |
| operating expense | $21,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $316,000 |
| mortgage payment | $127,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $170,000 | $1,653,000 |
| total expense investment | $1,085,000 | $198,000 | $199,000 | $200,000 | $201,000 | $202,000 | $203,000 | $204,000 | $205,000 | $207,000 | $2,906,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$780,144 | $125,000 | $140,000 | $155,000 | $172,000 | $189,000 | $206,000 | $225,000 | $245,000 | $266,000 | $943,000 |
| cumulative roi | $25 | $44 | $61 | $75 | $89 | $101 | $112 | $123 | $134 | $145 | $910 |
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