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$1,409,900

Freed Hotel & Residences - 240 Adelaide St W - 2_4 - Toronto, ON, M5H 1W7

MLS® # PB441-2_4

2.0 Beds

2 Baths

733 sqft

Property Features:

  • Bedrooms: 2.0
  • Bathrooms: 2.0
  • Floor Space (approx): 733

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

110.4%

Cumulative Market Appreciation

$389,529

Net Operating Income in Year 5

$10,374

Cash on Cash Return in Year 5

-1.5%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$281,980
Mortgage Amount $1,127,920
Mortgage Payment
%
$5,852

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,786
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,154
Net Operating Income $632
Debt Service
Mortgage Payment $5,852
Net Cash Flow -$5,220

Acquistion Costs

Deposit $281,979
Land Transfer Tax $49,346
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $0
Total Acquisition Costs $347,825

Deposit Schedule

With the Offer $10,000
Deposit @ 30 days $60,495
Deposit @ 180 days $70,495
Deposit @ 720 days $35,247
Deposit @ 1200 days $35,247
Due on Occupancy $70,495
Total Deposit $281,979
Closing Date Jan 1, 2030

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $140,990$35,247 - $35,247$70,495 - - - - -
Closing Costs - - - - $65,846 - - - - -
Mortgage Paydown - - - - $1,431$17,617$18,464$19,352$20,282$21,257
Total $140,990$35,247$0$35,247$137,772$17,617$18,464$19,352$20,282$21,257
Cash Invested $140,990$176,237$176,237$211,484$349,256$366,874$385,338$404,691$424,973$446,230
Rental Cash Flows
Rent and other income - - - - $1,786$21,517$22,442$23,407$24,413$25,463
Operating Expenses - - - - -$1,154-$13,882-$14,205-$14,537-$14,878-$15,227
Mortgage Payment - - - - -$5,852-$70,227-$70,227-$70,227-$70,227-$70,227
Net Cash Flow - - - - -$5,220-$62,593-$61,991-$61,357-$60,691-$59,991
Returns
Property Price Appreciation $70,495$74,019$77,720$81,606$85,687$89,971$94,470$99,193$104,153$109,360
Mortgage Paydown - - - - $1,431$17,617$18,464$19,352$20,282$21,257
Net Cash Flow - - - - -$5,220-$62,593-$61,991-$61,357-$60,691-$59,991
Total Return $70,495$74,019$77,720$81,606$81,898$44,996$50,943$57,187$63,743$70,626
Cumulative Return $70,495$144,514$222,235$303,842$385,740$430,736$481,680$538,868$602,612$673,238
Investment Metrics
Cumulative ROI 50.0% 82.0% 126.1% 143.7% 110.4% 117.4% 125.0% 133.2% 141.8% 150.9%
Cash On Cash - - - - -1.5% -17.1% -16.1% -15.2% -14.3% -13.4%

Location of 2_4-240 Adelaide St W, Toronto, ON, M5H 1W7

Demographic Information of 2_4-240 Adelaide St W, Toronto, ON, M5H 1W7

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$182,626.52

Average Number of Children

1.36

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

1.57 %

High school certificate or equivalent

11.07 %

Apprenticeship trade certificate/diploma

1.06 %

College/non-university certificate

8.88 %

University certificate (below bachelor)

4.06 %

University Degree

73.36 %

Commuter

Travel To Work

By Car

28.71 %

By Public Transit

20.53 %

By Walking

40.64 %

By Bicycle

3.43 %

By Other Methods

6.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

99.58 %

Houses

0.42 %

Own Vs. Rent