Suite number:
1204 (Lower Penthouses)
Project:
Address:
Toronto, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
2.5
Size:
1776 sqft
Occupancy Date:
Sep 2025
Price, CAD
$3,871,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.58%
Cumulative Return on Investment in Year 5
80.49%
Property Price at the End of Year 5
$4,988,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$193,595
15% on Occupancy
$580,785
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 | $201,000 | $212,000 | $223,000 | $234,000 | $247,000 | $259,000 | $273,000 | $287,000 | $302,000 | $318,000 | $2,555,000 |
| rent income | $47,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $79,000 | $82,000 | $86,000 | $90,000 | $732,000 |
| mortgage principal reduction | $36,000 | $50,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $578,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $308,000 | $325,000 | $341,000 | $358,000 | $376,000 | $395,000 | $415,000 | $435,000 | $457,000 | $480,000 | $3,891,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $774,000 | - | - | - | - | - | - | - | - | - | $774,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $207,000 | - | - | - | - | - | - | - | - | - | $207,000 |
| operating expense | $24,000 | $33,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $37,000 | $38,000 | $39,000 | $346,000 |
| mortgage payment | $145,000 | $194,000 | $194,000 | $194,000 | $194,000 | $194,000 | $194,000 | $194,000 | $194,000 | $194,000 | $1,891,000 |
| total expense investment | $1,151,000 | $227,000 | $227,000 | $228,000 | $229,000 | $230,000 | $230,000 | $231,000 | $232,000 | $233,000 | $3,218,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$842,812 | $99,000 | $114,000 | $130,000 | $147,000 | $165,000 | $184,000 | $204,000 | $225,000 | $247,000 | $673,000 |
| cumulative roi | $24 | $42 | $56 | $69 | $80 | $91 | $101 | $110 | $119 | $128 | $820 |
ANX Condos
Address: Toronto, Ontario
Price Range: $1,100,000 - $6,174,000
Avail. suites: 18
2—4 bd
701—2806 SqFt