Suite number:
3102 - B 555
Project:
Address:
Toronto C08, 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
20.55%
Cumulative Return on Investment in Year 5
96.17%
Property Price at the End of Year 5
$1,177,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 60 days
$45,700
5% in 139 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 | - | - | $18,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $178,000 |
mortgage principal reduction | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $106,000 |
deposit interest | $3,000 | $5,000 | $117 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $51,000 | $55,000 | $105,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $920,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $91,000 | - | $91,000 | - | - | - | - | - | - | - | $183,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $70,000 | - | - | - | - | - | - | - | $70,000 |
operating expense | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $78,000 |
mortgage payment | - | - | $42,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $362,000 |
total expense investment | $91,000 | - | $212,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $694,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$40,604 | $55,000 | -$106,943 | $32,000 | $36,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $226,000 |
cumulative roi | $56 | $115 | $70 | $84 | $96 | $107 | $118 | $128 | $137 | $147 | $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