Suite number:
2503 - The Vela (Skyloft Collection)
Project:
Address:
Toronto C11, Ontario
Developer:
Camrost Felcorp
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
1084 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,629,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.32%
Cumulative Return on Investment in Year 5
84.54%
Property Price at the End of Year 5
$2,100,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$40,748
2.5% in 180 days
$40,748
15% on Occupancy
$244,485
Net Gain (Loss)
Get Expert Advice
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 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $1,076,000 |
rent income | $8,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $351,000 |
mortgage principal reduction | $5,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $228,000 |
deposit interest | $829 | - | - | - | - | - | - | - | - | - | $829 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $122,000 | $142,000 | $149,000 | $156,000 | $164,000 | $172,000 | $180,000 | $189,000 | $199,000 | $208,000 | $1,680,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $326,000 | - | - | - | - | - | - | - | - | - | $326,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
operating expense | $4,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $171,000 |
mortgage payment | $20,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $755,000 |
total expense investment | $449,000 | $99,000 | $99,000 | $99,000 | $100,000 | $100,000 | $101,000 | $101,000 | $101,000 | $102,000 | $1,350,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$327,020 | $43,000 | $50,000 | $57,000 | $64,000 | $72,000 | $80,000 | $88,000 | $97,000 | $107,000 | $329,000 |
cumulative roi | $26 | $45 | $60 | $73 | $85 | $95 | $105 | $115 | $125 | $134 | $862 |
The Frederick Condominiums
Address: Toronto C11, Ontario
Price Range: $660,000 - $2,030,000
Avail. suites: 36
0—2.5 bd
385—1350 SqFt