Suite number:
3602 - B 555
Project:
Address:
Toronto C08, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
555 sqft
Occupancy Date:
Jan 2027
Price, CAD
$923,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.54%
Cumulative Return on Investment in Year 5
96.08%
Property Price at the End of Year 5
$1,190,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 60 days
$46,200
5% in 139 days
$46,200
10% on Occupancy
$92,399
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 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $610,000 |
| rent income | - | - | $18,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $178,000 |
| mortgage principal reduction | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $107,000 |
| deposit interest | $3,000 | $5,000 | $118 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $51,000 | $55,000 | $105,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $927,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $92,000 | - | $92,000 | - | - | - | - | - | - | - | $185,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $70,000 | - | - | - | - | - | - | - | $70,000 |
| operating expense | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $79,000 |
| mortgage payment | - | - | $42,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $366,000 |
| total expense investment | $92,000 | - | $214,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $700,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$41,049 | $55,000 | -$108,140 | $32,000 | $36,000 | $41,000 | $45,000 | $50,000 | $55,000 | $61,000 | $227,000 |
| cumulative roi | $56 | $115 | $70 | $84 | $96 | $107 | $118 | $127 | $137 | $147 | $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