Suite number:
311
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1700 sqft
Occupancy Date:
Dec 2024
Price, CAD
$2,899,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
44.65%
Cumulative Return on Investment in Year 5
207.11%
Property Price at the End of Year 5
$3,736,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 9999 days
$579,980
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 | $150,000 | $159,000 | $167,000 | $176,000 | $185,000 | $194,000 | $204,000 | $215,000 | $226,000 | $238,000 | $1,914,000 |
| rent income | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $79,000 | $83,000 | $86,000 | $90,000 | $751,000 |
| mortgage principal reduction | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $52,000 | $55,000 | $447,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $272,000 | $261,000 | $273,000 | $287,000 | $301,000 | $316,000 | $331,000 | $348,000 | $365,000 | $383,000 | $3,136,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $25,000 | $25,000 | $26,000 | $27,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $31,000 | $275,000 |
| mortgage payment | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $1,452,000 |
| total expense investment | $170,000 | $171,000 | $171,000 | $172,000 | $172,000 | $173,000 | $174,000 | $174,000 | $175,000 | $176,000 | $1,728,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $102,000 | $90,000 | $102,000 | $115,000 | $129,000 | $143,000 | $158,000 | $173,000 | $190,000 | $207,000 | $1,409,000 |
| cumulative roi | $212 | $198 | $198 | $202 | $207 | $214 | $221 | $229 | $237 | $247 | $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