Suite number:
3405 - A 437
Project:
Address:
Toronto C08, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
437 sqft
Occupancy Date:
Jan 2027
Price, CAD
$801,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.20%
Cumulative Return on Investment in Year 5
90.80%
Property Price at the End of Year 5
$1,033,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 60 days
$40,100
5% in 139 days
$40,100
10% on Occupancy
$80,199
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 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $63,000 | $66,000 | $529,000 |
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 | $14,000 | $93,000 |
deposit interest | $3,000 | $4,000 | $103 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $45,000 | $48,000 | $89,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $748,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $80,000 | - | $80,000 | - | - | - | - | - | - | - | $160,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $66,000 | - | - | - | - | - | - | - | $66,000 |
operating expense | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $60,000 |
mortgage payment | - | - | $37,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $318,000 |
total expense investment | $80,000 | - | $189,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $603,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$35,618 | $48,000 | -$100,251 | $22,000 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $144,000 |
cumulative roi | $56 | $115 | $69 | $81 | $91 | $100 | $108 | $116 | $124 | $131 | $990 |
Celeste Condominiums
Address: Toronto C08, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt