Suite number:
3208 - I-03
Project:
Address:
Toronto, Ontario
Developer:
Collecdev
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1113 sqft
Occupancy Date:
Jan 2026
Price, CAD
$2,659,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.65%
Cumulative Return on Investment in Year 5
80.70%
Property Price at the End of Year 5
$3,426,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$132,950
15% on Occupancy
$398,850
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 | $138,000 | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $187,000 | $197,000 | $207,000 | $218,000 | $1,755,000 |
rent income | $19,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $445,000 |
mortgage principal reduction | $16,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $385,000 |
deposit interest | $13 | - | - | - | - | - | - | - | - | - | $13 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $198,000 | $219,000 | $230,000 | $241,000 | $253,000 | $266,000 | $279,000 | $293,000 | $308,000 | $323,000 | $2,608,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $532,000 | - | - | - | - | - | - | - | - | - | $532,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $146,000 | - | - | - | - | - | - | - | - | - | $146,000 |
operating expense | $11,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $223,000 |
mortgage payment | $67,000 | $133,000 | $133,000 | $133,000 | $133,000 | $133,000 | $133,000 | $133,000 | $133,000 | $133,000 | $1,265,000 |
total expense investment | $755,000 | $155,000 | $155,000 | $156,000 | $156,000 | $157,000 | $157,000 | $158,000 | $158,000 | $159,000 | $2,167,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$557,908 | $64,000 | $74,000 | $85,000 | $97,000 | $109,000 | $122,000 | $135,000 | $149,000 | $164,000 | $442,000 |
cumulative roi | $25 | $42 | $57 | $70 | $81 | $91 | $100 | $109 | $118 | $126 | $819 |
Cielo Condos
Address: Toronto, Ontario
Price Range: $1,226,000 - $4,785,000
Avail. suites: 20
1—3 bd
445—1733 SqFt