Suite number:
3602 - B 555
Project:
Address:
Toronto, 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
19.47%
Cumulative Return on Investment in Year 5
91.49%
Property Price at the End of Year 5
$1,190,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$46,200
5% in 365 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 | - | $8,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $192,000 |
| mortgage principal reduction | - | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $115,000 |
| deposit interest | $2,000 | $3,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $90,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $946,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | $139,000 | - | - | - | - | - | - | - | - | $185,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $70,000 | - | - | - | - | - | - | - | - | $70,000 |
| operating expense | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $84,000 |
| mortgage payment | - | $19,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $389,000 |
| total expense investment | $46,000 | $232,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $729,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$142,215 | $29,000 | $33,000 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $217,000 |
| cumulative roi | $109 | $50 | $66 | $79 | $91 | $103 | $113 | $123 | $133 | $142 | $1,000 |
Celeste Condominiums
Address: Toronto, Ontario
Price Range: $774,000 - $1,294,000
Avail. suites: 12
1—3.5 bd
437—868 SqFt