Suite number:
314 (Modern Collection)
Project:
Address:
Toronto C02, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
701 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,169,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.81%
Cumulative Return on Investment in Year 5
83.82%
Property Price at the End of Year 5
$1,507,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$58,495
5% in 120 days
$58,495
10% on Occupancy
$116,990
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 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $772,000 |
rent income | $5,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $227,000 |
mortgage principal reduction | $4,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $164,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $96,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $133,000 | $139,000 | $146,000 | $1,189,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $234,000 | - | - | - | - | - | - | - | - | - | $234,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
operating expense | $3,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $114,000 |
mortgage payment | $15,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $542,000 |
total expense investment | $332,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $970,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$236,152 | $29,000 | $34,000 | $39,000 | $44,000 | $50,000 | $55,000 | $61,000 | $68,000 | $74,000 | $219,000 |
cumulative roi | $28 | $46 | $60 | $73 | $84 | $94 | $104 | $113 | $122 | $131 | $854 |
ANX Condos
Address: Toronto C02, Ontario
Price Range: $1,146,000 - $3,854,000
Avail. suites: 14
2—4 bd
701—1939 SqFt