Suite number:
2503 - The Vela (Skyloft Collection)
Project:
Address:
Toronto, 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
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.58%
Cumulative Return on Investment in Year 5
82.36%
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
17.5% on Occupancy
$285,233
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 | $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 | $24,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $373,000 |
| mortgage principal reduction | $15,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $244,000 |
| deposit interest | $338 | - | - | - | - | - | - | - | - | - | $338 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $148,000 | $143,000 | $150,000 | $157,000 | $165,000 | $173,000 | $181,000 | $190,000 | $200,000 | $210,000 | $1,716,000 |
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 | $13,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $20,000 | $181,000 |
| mortgage payment | $61,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $796,000 |
| total expense investment | $498,000 | $99,000 | $99,000 | $99,000 | $100,000 | $100,000 | $101,000 | $101,000 | $102,000 | $102,000 | $1,402,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$350,927 | $44,000 | $51,000 | $58,000 | $65,000 | $73,000 | $81,000 | $89,000 | $98,000 | $108,000 | $314,000 |
| cumulative roi | $26 | $44 | $58 | $71 | $82 | $93 | $103 | $113 | $122 | $131 | $843 |
The Frederick Condominiums
Address: Toronto, Ontario
Price Range: $660,000 - $2,030,000
Avail. suites: 36
0—2.5 bd
385—1350 SqFt