Suite number:
2304 - A 439
Project:
Address:
Toronto C08, 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
19.19%
Cumulative Return on Investment in Year 5
90.88%
Property Price at the End of Year 5
$1,013,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 60 days
$39,300
5% in 139 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 | - | - | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $95,000 |
| mortgage principal reduction | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $91,000 |
| deposit interest | $3,000 | $4,000 | $101 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $47,000 | $88,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $735,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | - | $79,000 | - | - | - | - | - | - | - | $157,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $65,000 | - | - | - | - | - | - | - | $65,000 |
| operating expense | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $59,000 |
| mortgage payment | - | - | $36,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $312,000 |
| total expense investment | $79,000 | - | $186,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $593,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$34,906 | $47,000 | -$98,312 | $22,000 | $25,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $142,000 |
| cumulative roi | $56 | $115 | $69 | $81 | $91 | $100 | $108 | $116 | $124 | $131 | $991 |
Celeste Condominiums
Address: Toronto C08, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt