Suite number:
2305 - A 437
Project:
Address:
Toronto, 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
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.36%
Cumulative Return on Investment in Year 5
82.57%
Property Price at the End of Year 5
$1,005,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$39,000
5% in 365 days
$39,000
10% on Occupancy
$77,999
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $515,000 |
rent income | - | $8,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $105,000 |
mortgage principal reduction | - | $7,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $102,000 |
deposit interest | -$2 | $996 | - | - | - | - | - | - | - | - | $994 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $82,000 | $65,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $88,000 | $92,000 | $747,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $39,000 | $117,000 | - | - | - | - | - | - | - | - | $156,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $65,000 | - | - | - | - | - | - | - | - | $65,000 |
operating expense | - | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $66,000 |
mortgage payment | - | $29,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $342,000 |
total expense investment | $39,000 | $216,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $628,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $1,000 | -$133,653 | $19,000 | $22,000 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $119,000 |
cumulative roi | $104 | $47 | $61 | $72 | $83 | $92 | $100 | $108 | $116 | $124 | $907 |
Celeste Condominiums
Address: Toronto, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt