Suite number:
402
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
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
43.19%
Cumulative Return on Investment in Year 5
199.33%
Property Price at the End of Year 5
$4,767,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 9999 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 | $73,000 | $76,000 | $80,000 | $83,000 | $87,000 | $90,000 | $94,000 | $98,000 | $103,000 | $107,000 | $892,000 |
| mortgage principal reduction | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $571,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $335,000 | $327,000 | $343,000 | $360,000 | $378,000 | $396,000 | $416,000 | $436,000 | $458,000 | $481,000 | $3,928,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $30,000 | $31,000 | $32,000 | $32,000 | $33,000 | $34,000 | $35,000 | $35,000 | $36,000 | $37,000 | $336,000 |
| mortgage payment | $185,000 | $185,000 | $185,000 | $185,000 | $185,000 | $185,000 | $185,000 | $185,000 | $185,000 | $185,000 | $1,853,000 |
| total expense investment | $215,000 | $216,000 | $217,000 | $218,000 | $218,000 | $219,000 | $220,000 | $221,000 | $222,000 | $223,000 | $2,188,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $119,000 | $111,000 | $126,000 | $142,000 | $159,000 | $177,000 | $196,000 | $216,000 | $236,000 | $258,000 | $1,740,000 |
| cumulative roi | $201 | $189 | $190 | $194 | $199 | $205 | $212 | $220 | $228 | $236 | $2,000 |
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