Suite number:
1808 - C 638 ALT
Project:
Address:
Toronto, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
638 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,015,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.90%
Cumulative Return on Investment in Year 5
87.72%
Property Price at the End of Year 5
$1,309,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$50,800
5% in 365 days
$50,800
10% on Occupancy
$101,599
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 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $671,000 |
| rent income | - | $9,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $186,000 |
| mortgage principal reduction | - | $6,000 | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $128,000 |
| deposit interest | -$3 | $2,000 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $53,000 | $97,000 | $90,000 | $95,000 | $99,000 | $104,000 | $110,000 | $115,000 | $121,000 | $127,000 | $1,011,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $51,000 | $152,000 | - | - | - | - | - | - | - | - | $203,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $74,000 | - | - | - | - | - | - | - | - | $74,000 |
| operating expense | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $93,000 |
| mortgage payment | - | $25,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $432,000 |
| total expense investment | $51,000 | $257,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $803,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$159,590 | $29,000 | $33,000 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $208,000 |
| cumulative roi | $104 | $48 | $63 | $76 | $88 | $98 | $108 | $117 | $126 | $135 | $963 |
Celeste Condominiums
Address: Toronto, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt