Suite number:
2.1A
Project:
Address:
Toronto C01, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
595 sqft
Occupancy Date:
Jan 2030
Price, CAD
$1,214,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
29.92%
Cumulative Return on Investment in Year 5
133.88%
Property Price at the End of Year 5
$1,565,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$60,745
5% in 180 days
$60,745
2.5% in 720 days
$30,373
2.5% in 1200 days
$30,373
5% on Occupancy
$60,745
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 | $63,000 | $66,000 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $100,000 | $802,000 |
rent income | - | - | - | - | $1,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $97,000 |
mortgage principal reduction | - | - | - | - | $1,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $84,000 |
deposit interest | $4,000 | $6,000 | $8,000 | $11,000 | $9,000 | - | - | - | - | - | $38,000 |
gst hst rebate | - | - | - | - | - | $24,000 | - | - | - | - | $24,000 |
total income return | $67,000 | $73,000 | $78,000 | $85,000 | $89,000 | $138,000 | $120,000 | $126,000 | $132,000 | $139,000 | $1,045,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $121,000 | $30,000 | - | $30,000 | $61,000 | - | - | - | - | - | $243,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | $82,000 | - | - | - | - | - | $82,000 |
operating expense | - | - | - | - | $955 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $61,000 |
mortgage payment | - | - | - | - | $5,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $309,000 |
total expense investment | $121,000 | $30,000 | - | $30,000 | $149,000 | $72,000 | $73,000 | $73,000 | $73,000 | $73,000 | $695,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$53,999 | $42,000 | $78,000 | $54,000 | -$60,232 | $66,000 | $47,000 | $53,000 | $59,000 | $65,000 | $350,000 |
cumulative roi | $56 | $92 | $144 | $166 | $134 | $149 | $155 | $160 | $165 | $171 | $1,000 |
Freed Hotel & Residences
Address: Toronto C01, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 23
0—3 bd
275—3969 SqFt