Suite number:
S10
Project:
Address:
Vaughan, Ontario
Developer:
SmartLiving
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
905 sqft
Occupancy Date:
Dec 2028
Price, CAD
$1,026,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
34.60%
Cumulative Return on Investment in Year 5
115.15%
Property Price at the End of Year 5
$1,323,000
Deposit Schedule
$10,000 at Signing
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 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $678,000 |
| rent income | - | - | - | - | $22,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $171,000 |
| mortgage principal reduction | - | - | - | - | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $83,000 |
| deposit interest | $519 | $520 | $520 | $520 | $78 | - | - | - | - | - | $2,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $54,000 | $57,000 | $60,000 | $63,000 | $122,000 | $109,000 | $115,000 | $120,000 | $126,000 | $133,000 | $959,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | - | - | - | - | $195,000 | - | - | - | - | - | $195,000 |
| closing cost | - | - | - | - | $58,000 | - | - | - | - | - | $58,000 |
| operating expense | - | - | - | - | $11,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $78,000 |
| mortgage payment | - | - | - | - | $43,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $300,000 |
| total expense investment | $10,000 | - | - | - | $306,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $641,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $44,000 | $57,000 | $60,000 | $63,000 | -$184,289 | $45,000 | $50,000 | $56,000 | $61,000 | $67,000 | $317,000 |
| cumulative roi | $538 | $1,000 | $2,000 | $2,000 | $115 | $127 | $138 | $149 | $159 | $169 | $7,000 |
Park Place Condos
Address: Vaughan, Ontario
Price Range: $678,000 - $1,027,000
Avail. suites: 11
1—2 bd
477—905 SqFt