Suite number:

New Orleans 522 (Encore)

Project:
Address:
Vaughan, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
522 sqft
Occupancy Date:
Jun 2029
Price, CAD
$570,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

23.80%

Cumulative Return on Investment in Year 5

113.45%

Property Price at the End of Year 5

$736,000

Deposit Schedule
$12,000 at Signing
Total up to 5% in 30 days
$28,550
2.5% in 180 days
$14,275
2.5% in 360 days
$14,275
2.5% in 600 days
$14,275
2.5% in 750 days
$14,275
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$30,000$31,000$33,000$35,000$36,000$38,000$40,000$42,000$45,000$47,000$377,000
rent income---$4,000$12,000$13,000$13,000$14,000$15,000$15,000$87,000
mortgage principal reduction---$2,000$7,000$8,000$8,000$8,000$9,000$9,000$51,000
deposit interest-$3,179$4,000$6,000$3,000------$9,000
gst hst rebate---$24,000------$24,000
total income return$26,000$35,000$38,000$68,000$56,000$59,000$62,000$65,000$68,000$71,000$548,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$57,000$14,000$14,000$29,000------$114,000
remaining balance payment-----------
closing cost---$48,000------$48,000
operating expense---$2,000$7,000$8,000$8,000$8,000$8,000$8,000$50,000
mortgage payment---$10,000$29,000$29,000$29,000$29,000$29,000$29,000$181,000
total expense investment$57,000$14,000$14,000$89,000$36,000$36,000$36,000$37,000$37,000$37,000$394,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$30,671$21,000$24,000-$21,120$20,000$22,000$25,000$28,000$31,000$34,000$154,000
cumulative roi$52$87$117$103$113$123$132$140$148$156$1,000
Bravo Condos
Address: Vaughan, Ontario
Price Range: $470,000 - $865,000
Avail. suites: 18
0—3 bd
334—1046 SqFt