Suite number:
S10
Project:
Address:
Vaughan, Ontario
Developer:
SmartLiving
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
905 sqft
Occupancy Date:
Feb 2027
$1,026,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.64%
Cumulative Return on Investment in Year 5
101.73%
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 | - | - | $18,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $235,000 |
mortgage principal reduction | - | - | $9,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $119,000 |
deposit interest | $519 | $520 | $166 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $54,000 | $57,000 | $110,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $1,056,000 |
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 | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
operating expense | - | - | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $108,000 |
mortgage payment | - | - | $33,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $383,000 |
total expense investment | $10,000 | - | $293,000 | $63,000 | $63,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $753,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $44,000 | $57,000 | -$183,501 | $40,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $72,000 | $304,000 |
cumulative roi | $538 | $1,000 | $72 | $88 | $102 | $114 | $126 | $138 | $149 | $160 | $3,000 |
Park Place Condos
Address: Vaughan, Ontario
Price Range: $678,000 - $1,027,000
Avail. suites: 11
1—2 bd
477—905 SqFt