Suite number:
1.1 (Tower Collection)
Project:
Address:
Toronto, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
564 sqft
Occupancy Date:
Jan 2030
Price, CAD
$1,069,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
36.15%
Cumulative Return on Investment in Year 5
130.25%
Property Price at the End of Year 5
$1,379,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$53,495
5% in 180 days
$53,495
2.5% in 720 days
$26,748
2.5% in 1200 days
$26,748
5% on Occupancy
$53,495
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 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $707,000 |
rent income | - | - | - | - | $7,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $80,000 |
mortgage principal reduction | - | - | - | - | $7,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $81,000 |
deposit interest | $3,000 | $6,000 | $7,000 | $10,000 | $4,000 | - | - | - | - | - | $29,000 |
gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
total income return | $59,000 | $64,000 | $69,000 | $75,000 | $109,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $920,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $107,000 | $27,000 | - | $27,000 | $53,000 | - | - | - | - | - | $214,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | $76,000 | - | - | - | - | - | $76,000 |
operating expense | - | - | - | - | $5,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $60,000 |
mortgage payment | - | - | - | - | $27,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $295,000 |
total expense investment | $107,000 | $27,000 | - | $27,000 | $162,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $645,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$48,218 | $37,000 | $69,000 | $48,000 | -$52,938 | $35,000 | $39,000 | $44,000 | $50,000 | $55,000 | $276,000 |
cumulative roi | $55 | $92 | $143 | $166 | $130 | $136 | $142 | $147 | $152 | $158 | $1,000 |
Freed Hotel & Residences
Address: Toronto, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 47
0—3 bd
275—5722 SqFt