Suite number:
403
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
Bedrooms:
4
Size:
1902 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
19.44%
Cumulative Return on Investment in Year 5
89.28%
Property Price at the End of Year 5
$4,638,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$169,995
15% on Occupancy
$539,985
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 | $50,000 | $69,000 | $72,000 | $75,000 | $78,000 | $82,000 | $85,000 | $89,000 | $93,000 | $97,000 | $788,000 |
| mortgage principal reduction | $38,000 | $52,000 | $54,000 | $57,000 | $59,000 | $61,000 | $64,000 | $66,000 | $69,000 | $72,000 | $593,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $300,000 | $318,000 | $333,000 | $349,000 | $366,000 | $384,000 | $403,000 | $422,000 | $442,000 | $464,000 | $3,782,000 |
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 | $21,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $316,000 |
| mortgage payment | $124,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $1,609,000 |
| total expense investment | $1,057,000 | $194,000 | $195,000 | $196,000 | $197,000 | $198,000 | $199,000 | $200,000 | $201,000 | $202,000 | $2,837,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$757,028 | $124,000 | $139,000 | $154,000 | $170,000 | $186,000 | $204,000 | $222,000 | $242,000 | $262,000 | $945,000 |
| cumulative roi | $25 | $45 | $61 | $76 | $89 | $102 | $114 | $125 | $136 | $147 | $919 |
Keewatin is a luxury collection of 36 high-end, modern condominiums located at Mt. Pleasant and Eglinton. Spacious and stately, the homes range from 800 to 2,500 sq. ft. with 1-bedroom + den, 2-bedroom, 2-bedroom + den, 3-bedroom, 3-bedroom + den and...
Address: Toronto C10, Ontario
Price Range: $2,100,000 - $3,700,000
Avail. suites: 16
1—4.5 bd
619—2328 SqFt