Suite number:
1202 (Lower Penthouses)
Project:
Address:
Toronto, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3.5
Size:
1456 sqft
Occupancy Date:
Sep 2025
Price, CAD
$3,276,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.49%
Cumulative Return on Investment in Year 5
80.31%
Property Price at the End of Year 5
$4,222,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$163,845
15% on Occupancy
$491,535
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 | $170,000 | $179,000 | $189,000 | $198,000 | $209,000 | $220,000 | $231,000 | $243,000 | $256,000 | $269,000 | $2,163,000 |
| rent income | $38,000 | $52,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $68,000 | $70,000 | $74,000 | $600,000 |
| mortgage principal reduction | $30,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $490,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $263,000 | $274,000 | $287,000 | $302,000 | $317,000 | $332,000 | $349,000 | $366,000 | $384,000 | $404,000 | $3,278,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $655,000 | - | - | - | - | - | - | - | - | - | $655,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $177,000 | - | - | - | - | - | - | - | - | - | $177,000 |
| operating expense | $20,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $32,000 | $287,000 |
| mortgage payment | $123,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $1,600,000 |
| total expense investment | $976,000 | $191,000 | $192,000 | $192,000 | $193,000 | $194,000 | $194,000 | $195,000 | $196,000 | $197,000 | $2,720,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$712,498 | $82,000 | $95,000 | $109,000 | $123,000 | $139,000 | $154,000 | $171,000 | $189,000 | $207,000 | $558,000 |
| cumulative roi | $24 | $42 | $57 | $69 | $80 | $91 | $100 | $109 | $118 | $127 | $818 |
ANX Condos
Address: Toronto, Ontario
Price Range: $1,100,000 - $6,174,000
Avail. suites: 18
2—4 bd
701—2806 SqFt