Suite number:
2304 - A 439
Project:
Address:
Toronto, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
439 sqft
Occupancy Date:
Jan 2027
Price, CAD
$785,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.82%
Cumulative Return on Investment in Year 5
84.28%
Property Price at the End of Year 5
$1,013,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$39,300
5% in 365 days
$39,300
10% on Occupancy
$78,599
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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $519,000 |
| rent income | - | $5,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $102,000 |
| mortgage principal reduction | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $99,000 |
| deposit interest | -$2 | $2,000 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $41,000 | $79,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $746,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $39,000 | $118,000 | - | - | - | - | - | - | - | - | $157,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $65,000 | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $64,000 |
| mortgage payment | - | $20,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $335,000 |
| total expense investment | $39,000 | $206,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $621,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$127,254 | $19,000 | $22,000 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $125,000 |
| cumulative roi | $104 | $49 | $62 | $74 | $84 | $93 | $102 | $110 | $118 | $125 | $922 |
Celeste Condominiums
Address: Toronto, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt