Suite number:

2305 - A 437

Address:
Toronto C08, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
437 sqft
Occupancy Date:
Jan 2027
Price, CAD
$779,990
Available
ROI
11,98%
Monthly Expenses
  • condo fees— $302
  • property taxes— $195
  • property management— $52
  • repairs and maintenance— $26
Total: $575
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

19.18%

Cumulative Return on Investment in Year 5

90.88%

Property Price at the End of Year 5

$1,005,000

Deposit Schedule
$10,000 at Signing
Total up to 5% in 60 days
$39,000
5% in 139 days
$39,000
10% on Occupancy
$77,999
Net Gain (Loss)
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10-$100K-$50K$0$50K$100K
  • Net Gain Loss
Get Expert Advice
Property Price Appreciation
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10$0$20K$40K$60K$80K
  • Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$40,000$43,000$45,000$47,000$50,000$52,000$55,000$58,000$61,000$64,000$515,000
rent income--$9,000$11,000$11,000$12,000$12,000$13,000$13,000$14,000$94,000
mortgage principal reduction--$9,000$10,000$11,000$11,000$12,000$12,000$13,000$13,000$90,000
deposit interest$3,000$4,000$100-------$7,000
gst hst rebate--$24,000-------$24,000
total income return$43,000$47,000$87,000$68,000$71,000$75,000$79,000$83,000$87,000$91,000$730,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$78,000-$78,000-------$156,000
remaining balance payment-----------
closing cost--$65,000-------$65,000
operating expense--$6,000$7,000$7,000$7,000$8,000$8,000$8,000$8,000$59,000
mortgage payment--$36,000$39,000$39,000$39,000$39,000$39,000$39,000$39,000$309,000
total expense investment$78,000-$185,000$46,000$46,000$46,000$47,000$47,000$47,000$47,000$589,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$34,639$47,000-$97,618$22,000$25,000$28,000$32,000$36,000$40,000$44,000$141,000
cumulative roi$56$115$69$81$91$100$108$116$124$131$991
Celeste Condominiums
Address: Toronto C08, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt
Proforma Calculator

Options for changing mortgage terms

The rental rate per square foot.

Annual Interest Rate (%)
4.75%
Vacancy Rate (%)
2.5%
Annual Growth Rate (%)
4.3%
Annual OPEX Inflation Rate (%)
2%