Suite number:
PH902 (Penthouse Collection)
Project:
Address:
Toronto C02, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
2268 sqft
Occupancy Date:
Mar 2023
Price, CAD
$4,579,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.91%
Cumulative Return on Investment in Year 5
153.44%
Property Price at the End of Year 5
$5,900,000
Deposit Schedule
$5 at Signing
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 | $237,000 | $251,000 | $264,000 | $277,000 | $292,000 | $307,000 | $323,000 | $340,000 | $357,000 | $376,000 | $3,023,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $162,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $868,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $400,000 | $315,000 | $331,000 | $348,000 | $366,000 | $385,000 | $404,000 | $425,000 | $447,000 | $470,000 | $3,891,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $2,294,000 |
| total expense investment | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $2,294,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $170,000 | $86,000 | $102,000 | $119,000 | $137,000 | $155,000 | $175,000 | $196,000 | $218,000 | $241,000 | $1,597,000 |
| cumulative roi | $174 | $156 | $152 | $152 | $153 | $156 | $159 | $162 | $166 | $170 | $2,000 |
346 Davenport
Address: Toronto C02, Ontario
Price Range: $2,330,000 - $4,580,000
Avail. suites: 4
2—4 bd
1019—2801 SqFt