Suite number:
402
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3
Size:
2018 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
18.45%
Cumulative Return on Investment in Year 5
84.98%
Property Price at the End of Year 5
$4,767,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 10149 days
$739,980
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 | $65,000 | $74,000 | $77,000 | $80,000 | $84,000 | $87,000 | $91,000 | $95,000 | $99,000 | $103,000 | $854,000 |
| mortgage principal reduction | $44,000 | $50,000 | $52,000 | $54,000 | $57,000 | $60,000 | $62,000 | $65,000 | $68,000 | $71,000 | $583,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $324,000 | $326,000 | $342,000 | $358,000 | $376,000 | $395,000 | $414,000 | $434,000 | $456,000 | $478,000 | $3,903,000 |
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 | $27,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $38,000 | $39,000 | $338,000 |
| mortgage payment | $165,000 | $180,000 | $180,000 | $180,000 | $180,000 | $180,000 | $180,000 | $180,000 | $180,000 | $180,000 | $1,785,000 |
| total expense investment | $1,129,000 | $210,000 | $211,000 | $212,000 | $213,000 | $214,000 | $216,000 | $217,000 | $218,000 | $219,000 | $3,060,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$804,478 | $115,000 | $130,000 | $146,000 | $163,000 | $180,000 | $198,000 | $218,000 | $238,000 | $259,000 | $843,000 |
| cumulative roi | $25 | $43 | $59 | $72 | $85 | $97 | $108 | $118 | $129 | $139 | $874 |
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