Suite number:
PH902 (Penthouse Collection)
Project:
Address:
Toronto C02, Ontario
Developer:
Freed Developments
Property type:
condo
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
33.03%
Cumulative Return on Investment in Year 5
158.87%
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 | $164,000 | $67,000 | $70,000 | $73,000 | $76,000 | $80,000 | $83,000 | $87,000 | $91,000 | $95,000 | $886,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $401,000 | $317,000 | $333,000 | $350,000 | $368,000 | $387,000 | $406,000 | $427,000 | $448,000 | $471,000 | $3,909,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $2,228,000 |
| total expense investment | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $223,000 | $2,228,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $178,000 | $94,000 | $110,000 | $127,000 | $145,000 | $164,000 | $183,000 | $204,000 | $226,000 | $248,000 | $1,681,000 |
| cumulative roi | $180 | $161 | $157 | $157 | $159 | $161 | $164 | $168 | $171 | $175 | $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