Suite number:
3102 - B 555
Project:
Address:
Toronto, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
555 sqft
Occupancy Date:
Jan 2027
Price, CAD
$913,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.48%
Cumulative Return on Investment in Year 5
91.59%
Property Price at the End of Year 5
$1,177,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$45,700
5% in 365 days
$45,700
10% on Occupancy
$91,399
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 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $603,000 |
rent income | - | $8,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $192,000 |
mortgage principal reduction | - | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $114,000 |
deposit interest | $2,000 | $3,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $50,000 | $89,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $938,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $46,000 | $137,000 | - | - | - | - | - | - | - | - | $183,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $70,000 | - | - | - | - | - | - | - | - | $70,000 |
operating expense | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $84,000 |
mortgage payment | - | $19,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $385,000 |
total expense investment | $46,000 | $230,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $722,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$140,720 | $29,000 | $33,000 | $37,000 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $216,000 |
cumulative roi | $109 | $50 | $66 | $80 | $92 | $103 | $113 | $123 | $133 | $143 | $1,000 |
Celeste Condominiums
Address: Toronto, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt