Suite number:
2408 - C 638
Project:
Address:
Toronto, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
638 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,052,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.88%
Cumulative Return on Investment in Year 5
87.45%
Property Price at the End of Year 5
$1,357,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$52,650
5% in 365 days
$52,650
10% on Occupancy
$105,299
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 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $695,000 |
| rent income | - | $9,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $186,000 |
| mortgage principal reduction | - | $6,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $133,000 |
| deposit interest | -$3 | $2,000 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $55,000 | $100,000 | $93,000 | $97,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $130,000 | $1,040,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $53,000 | $158,000 | - | - | - | - | - | - | - | - | $211,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $76,000 | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | - | $5,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $94,000 |
| mortgage payment | - | $26,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $448,000 |
| total expense investment | $53,000 | $265,000 | $63,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $64,000 | $65,000 | $829,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$165,268 | $30,000 | $34,000 | $39,000 | $44,000 | $49,000 | $54,000 | $60,000 | $66,000 | $212,000 |
| cumulative roi | $104 | $48 | $63 | $76 | $87 | $98 | $107 | $117 | $125 | $134 | $960 |
Celeste Condominiums
Address: Toronto, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt