Suite number:
403
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
4
Size:
2063 sqft
Occupancy Date:
Dec 2024
Price, CAD
$3,599,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.61%
Cumulative Return on Investment in Year 5
85.77%
Property Price at the End of Year 5
$4,638,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 10149 days
$719,980
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 | $187,000 | $197,000 | $207,000 | $218,000 | $229,000 | $241,000 | $254,000 | $267,000 | $281,000 | $295,000 | $2,376,000 |
| rent income | $66,000 | $75,000 | $79,000 | $82,000 | $85,000 | $89,000 | $93,000 | $97,000 | $101,000 | $105,000 | $873,000 |
| mortgage principal reduction | $43,000 | $48,000 | $51,000 | $53,000 | $55,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $567,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $320,000 | $321,000 | $336,000 | $353,000 | $370,000 | $388,000 | $407,000 | $427,000 | $448,000 | $470,000 | $3,840,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $720,000 | - | - | - | - | - | - | - | - | - | $720,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $192,000 | - | - | - | - | - | - | - | - | - | $192,000 |
| operating expense | $27,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $39,000 | $339,000 |
| mortgage payment | $161,000 | $175,000 | $175,000 | $175,000 | $175,000 | $175,000 | $175,000 | $175,000 | $175,000 | $175,000 | $1,736,000 |
| total expense investment | $1,100,000 | $206,000 | $207,000 | $208,000 | $209,000 | $210,000 | $211,000 | $212,000 | $213,000 | $214,000 | $2,988,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$780,038 | $115,000 | $130,000 | $145,000 | $161,000 | $178,000 | $196,000 | $215,000 | $235,000 | $256,000 | $852,000 |
| cumulative roi | $25 | $43 | $59 | $73 | $86 | $98 | $109 | $120 | $130 | $141 | $884 |
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