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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.08%
Cumulative Return on Investment in Year 5
86.01%
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)
Get Expert Advice
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 | - | $4,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $101,000 |
| mortgage principal reduction | - | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $98,000 |
| deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $77,000 | $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 | $63,000 |
| mortgage payment | - | $16,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $331,000 |
| total expense investment | $39,000 | $202,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $617,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$124,641 | $19,000 | $22,000 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $45,000 | $129,000 |
| cumulative roi | $109 | $50 | $64 | $76 | $86 | $95 | $104 | $112 | $119 | $127 | $941 |
Celeste Condominiums
Address: Toronto, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt