Suite number:

2.1A (Tower Collection)

Address:
Toronto, 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

35.76%

Cumulative Return on Investment in Year 5

131.55%

Property Price at the End of Year 5

$1,566,000

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
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$64,000$66,000$70,000$74,000$77,000$81,000$86,000$90,000$95,000$100,000$803,000
rent income----$9,000$18,000$18,000$19,000$20,000$21,000$105,000
mortgage principal reduction----$7,000$15,000$16,000$17,000$18,000$19,000$92,000
deposit interest$3,000$6,000$8,000$11,000$4,000-----$33,000
gst hst rebate----$24,000-----$24,000
total income return$67,000$73,000$78,000$85,000$121,000$114,000$120,000$126,000$133,000$139,000$1,056,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$121,000$30,000-$30,000$61,000-----$243,000
remaining balance payment-----------
closing cost----$82,000-----$82,000
operating expense----$6,000$12,000$12,000$12,000$12,000$13,000$66,000
mortgage payment----$30,000$61,000$61,000$61,000$61,000$61,000$335,000
total expense investment$121,000$30,000-$30,000$179,000$72,000$73,000$73,000$73,000$73,000$726,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$54,752$42,000$78,000$54,000-$57,503$42,000$48,000$53,000$59,000$66,000$330,000
cumulative roi$55$92$143$166$132$138$145$151$157$163$1,000
Freed Hotel & Residences
Address: Toronto, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 47
0—3 bd
275—5722 SqFt