Suite number:
2.4 BF
Project:
Address:
Toronto C01, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
758 sqft
Occupancy Date:
Jan 2030
$1,429,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
47.65%
Cumulative Return on Investment in Year 5
213.78%
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)
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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 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $944,000 |
rent income | - | - | - | - | - | $18,000 | $23,000 | $24,000 | $25,000 | $26,000 | $116,000 |
mortgage principal reduction | - | - | - | - | - | $15,000 | $19,000 | $20,000 | $21,000 | $22,000 | $97,000 |
deposit interest | $5,000 | $7,000 | $9,000 | $13,000 | $11,000 | $1,000 | - | - | - | - | $47,000 |
gst hst rebate | - | - | - | - | - | $24,000 | - | - | - | - | $24,000 |
total income return | $79,000 | $86,000 | $92,000 | $100,000 | $102,000 | $155,000 | $143,000 | $150,000 | $157,000 | $165,000 | $1,229,000 |
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 | - | - | - | - | - | $89,000 | - | - | - | - | $89,000 |
operating expense | - | - | - | - | - | $12,000 | $15,000 | $15,000 | $16,000 | $16,000 | $73,000 |
mortgage payment | - | - | - | - | - | $58,000 | $70,000 | $70,000 | $70,000 | $70,000 | $336,000 |
total expense investment | $143,000 | $36,000 | - | $36,000 | - | $230,000 | $84,000 | $85,000 | $85,000 | $86,000 | $784,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$63,543 | $50,000 | $92,000 | $64,000 | $102,000 | -$75,715 | $59,000 | $65,000 | $72,000 | $80,000 | $445,000 |
cumulative roi | $56 | $92 | $144 | $166 | $214 | $159 | $164 | $170 | $175 | $181 | $2,000 |
Freed Hotel & Residences
Address: Toronto C01, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 23
0—3 bd
275—3969 SqFt