Suite number:
2.4 BF
Project:
Address:
Toronto C01, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
758 sqft
Occupancy Date:
Jan 2030
Price, CAD
$1,429,900
Available
ROI
15,88%
Monthly Expenses
- condo fees— $659
- property taxes— $357
- property management— $114
- repairs and maintenance— $57
Total: $1,187
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
30.45%
Cumulative Return on Investment in Year 5
136.26%
Property Price at the End of Year 5
$1,842,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$71,495
5% in 180 days
$71,495
2.5% in 720 days
$35,748
2.5% in 1200 days
$35,748
5% on Occupancy
$71,495
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $944,000 |
| rent income | - | - | - | - | $2,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $123,000 |
| mortgage principal reduction | - | - | - | - | $1,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $99,000 |
| deposit interest | $5,000 | $7,000 | $9,000 | $13,000 | $10,000 | - | - | - | - | - | $45,000 |
| gst hst rebate | - | - | - | - | - | $24,000 | - | - | - | - | $24,000 |
| total income return | $79,000 | $86,000 | $92,000 | $100,000 | $104,000 | $160,000 | $143,000 | $150,000 | $157,000 | $165,000 | $1,235,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $143,000 | $36,000 | - | $36,000 | $71,000 | - | - | - | - | - | $286,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $91,000 | - | - | - | - | - | $91,000 |
| operating expense | - | - | - | - | $1,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $76,000 |
| mortgage payment | - | - | - | - | $6,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $364,000 |
| total expense investment | $143,000 | $36,000 | - | $36,000 | $169,000 | $86,000 | $86,000 | $87,000 | $87,000 | $87,000 | $816,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$63,563 | $50,000 | $92,000 | $64,000 | -$64,894 | $74,000 | $56,000 | $63,000 | $70,000 | $78,000 | $419,000 |
| cumulative roi | $56 | $92 | $144 | $166 | $136 | $151 | $156 | $162 | $167 | $173 | $1,000 |
Freed Hotel & Residences
Address: Toronto C01, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 23
0—3 bd
275—3969 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.