Suite number:

1.1 (Tower Collection)

Address:
Toronto, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
564 sqft
Occupancy Date:
Jan 2030
Price, CAD
$1,069,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

36.15%

Cumulative Return on Investment in Year 5

130.25%

Property Price at the End of Year 5

$1,379,000

Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$53,495
5% in 180 days
$53,495
2.5% in 720 days
$26,748
2.5% in 1200 days
$26,748
5% on Occupancy
$53,495
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$56,000$59,000$62,000$65,000$68,000$72,000$75,000$79,000$83,000$88,000$707,000
rent income----$7,000$13,000$14,000$15,000$15,000$16,000$80,000
mortgage principal reduction----$7,000$14,000$14,000$15,000$16,000$16,000$81,000
deposit interest$3,000$6,000$7,000$10,000$4,000-----$29,000
gst hst rebate----$24,000-----$24,000
total income return$59,000$64,000$69,000$75,000$109,000$99,000$104,000$109,000$114,000$120,000$920,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$107,000$27,000-$27,000$53,000-----$214,000
remaining balance payment-----------
closing cost----$76,000-----$76,000
operating expense----$5,000$10,000$11,000$11,000$11,000$11,000$60,000
mortgage payment----$27,000$54,000$54,000$54,000$54,000$54,000$295,000
total expense investment$107,000$27,000-$27,000$162,000$64,000$64,000$64,000$65,000$65,000$645,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$48,218$37,000$69,000$48,000-$52,938$35,000$39,000$44,000$50,000$55,000$276,000
cumulative roi$55$92$143$166$130$136$142$147$152$158$1,000
Freed Hotel & Residences
Address: Toronto, Ontario
Price Range: $600,000 - $13,250,000
Avail. suites: 47
0—3 bd
275—5722 SqFt