Suite number:
304
Project:
Address:
Toronto C10, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
4.5
Size:
1913 sqft
Occupancy Date:
Dec 2024
Price, CAD
$2,999,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.98%
Cumulative Return on Investment in Year 5
87.78%
Property Price at the End of Year 5
$3,865,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 10149 days
$599,980
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 | $156,000 | $164,000 | $173,000 | $182,000 | $191,000 | $201,000 | $211,000 | $222,000 | $234,000 | $246,000 | $1,980,000 |
| rent income | $62,000 | $70,000 | $73,000 | $76,000 | $79,000 | $83,000 | $86,000 | $90,000 | $94,000 | $98,000 | $809,000 |
| mortgage principal reduction | $35,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $55,000 | $58,000 | $473,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $277,000 | $274,000 | $288,000 | $302,000 | $316,000 | $332,000 | $348,000 | $365,000 | $383,000 | $402,000 | $3,286,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $600,000 | - | - | - | - | - | - | - | - | - | $600,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $162,000 | - | - | - | - | - | - | - | - | - | $162,000 |
| operating expense | $24,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $303,000 |
| mortgage payment | $134,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $1,447,000 |
| total expense investment | $920,000 | $173,000 | $174,000 | $175,000 | $176,000 | $177,000 | $178,000 | $179,000 | $180,000 | $181,000 | $2,512,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$643,404 | $101,000 | $114,000 | $127,000 | $141,000 | $155,000 | $170,000 | $186,000 | $203,000 | $221,000 | $774,000 |
| cumulative roi | $25 | $44 | $60 | $75 | $88 | $100 | $112 | $124 | $135 | $146 | $909 |
Residences on Keewatin Park
Address: Toronto C10, Ontario
Price Range: $2,100,000 - $3,700,000
Avail. suites: 15
1—4.5 bd
619—2328 SqFt