Suite number:
2408 - C 638
Project:
Address:
Toronto C08, 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
20.31%
Cumulative Return on Investment in Year 5
94.12%
Property Price at the End of Year 5
$1,357,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 60 days
$52,650
5% in 139 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 | - | - | $17,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $172,000 |
| mortgage principal reduction | - | - | $12,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $122,000 |
| deposit interest | $4,000 | $5,000 | $135 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $59,000 | $63,000 | $114,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $1,022,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $105,000 | - | $105,000 | - | - | - | - | - | - | - | $211,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $76,000 | - | - | - | - | - | - | - | $76,000 |
| operating expense | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $87,000 |
| mortgage payment | - | - | $48,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $417,000 |
| total expense investment | $105,000 | - | $239,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $64,000 | $65,000 | $791,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$46,792 | $63,000 | -$124,800 | $34,000 | $38,000 | $43,000 | $48,000 | $53,000 | $59,000 | $65,000 | $231,000 |
| cumulative roi | $56 | $115 | $70 | $83 | $94 | $104 | $114 | $123 | $132 | $140 | $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