Suite number:
311
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
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
18.65%
Cumulative Return on Investment in Year 5
86.35%
Property Price at the End of Year 5
$3,736,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 10149 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 | $55,000 | $62,000 | $65,000 | $67,000 | $70,000 | $73,000 | $77,000 | $80,000 | $83,000 | $87,000 | $719,000 |
| mortgage principal reduction | $34,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $457,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $263,000 | $260,000 | $272,000 | $286,000 | $300,000 | $314,000 | $330,000 | $346,000 | $363,000 | $381,000 | $3,114,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $580,000 | - | - | - | - | - | - | - | - | - | $580,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $157,000 | - | - | - | - | - | - | - | - | - | $157,000 |
| operating expense | $22,000 | $25,000 | $26,000 | $27,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $277,000 |
| mortgage payment | $129,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 | $1,399,000 |
| total expense investment | $888,000 | $166,000 | $167,000 | $168,000 | $168,000 | $169,000 | $170,000 | $171,000 | $172,000 | $173,000 | $2,413,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$625,108 | $94,000 | $106,000 | $118,000 | $131,000 | $145,000 | $160,000 | $175,000 | $191,000 | $208,000 | $701,000 |
| cumulative roi | $25 | $44 | $60 | $74 | $86 | $98 | $110 | $121 | $131 | $142 | $891 |
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