Suite number:
3602 - B 555
Project:
Address:
Toronto C08, Ontario
Developer:
Diamondcorp
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
555 sqft
Occupancy Date:
Jan 2027
$923,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.18%
Cumulative Return on Investment in Year 5
98.61%
Property Price at the End of Year 5
$1,190,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$46,200
5% in 60 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 | - | - | $16,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $177,000 |
mortgage principal reduction | - | - | $10,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $109,000 |
deposit interest | $3,000 | $5,000 | $532 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $51,000 | $55,000 | $104,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $929,000 |
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 | - | - | $69,000 | - | - | - | - | - | - | - | $69,000 |
operating expense | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $80,000 |
mortgage payment | - | - | $37,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $352,000 |
total expense investment | $92,000 | - | $206,000 | $54,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $686,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$41,263 | $55,000 | -$102,568 | $34,000 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $243,000 |
cumulative roi | $55 | $115 | $72 | $86 | $99 | $110 | $121 | $131 | $141 | $151 | $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