Suite number:
1808 - C 638 ALT
Project:
Address:
Toronto C08, Ontario
Developer:
Diamondcorp
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
638 sqft
Occupancy Date:
Jan 2027
$1,015,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.92%
Cumulative Return on Investment in Year 5
96.76%
Property Price at the End of Year 5
$1,309,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$50,800
5% in 60 days
$50,800
10% on Occupancy
$101,599
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 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $671,000 |
rent income | - | - | $16,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $170,000 |
mortgage principal reduction | - | - | $11,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $120,000 |
deposit interest | $4,000 | $5,000 | $585 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $56,000 | $61,000 | $109,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $994,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $102,000 | - | $102,000 | - | - | - | - | - | - | - | $203,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $73,000 | - | - | - | - | - | - | - | $73,000 |
operating expense | - | - | $8,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $88,000 |
mortgage payment | - | - | $41,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $387,000 |
total expense investment | $102,000 | - | $224,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $751,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$45,379 | $61,000 | -$114,267 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $59,000 | $64,000 | $243,000 |
cumulative roi | $55 | $115 | $71 | $85 | $97 | $108 | $118 | $127 | $136 | $145 | $1,000 |
Celeste Condominiums
Address: Toronto C08, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt