Suite number:
BULAND 1C
Project:
Address:
Vaughan, Ontario
Developer:
Marydel Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
462 sqft
Occupancy Date:
Aug 2025
$489,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.40%
Cumulative Return on Investment in Year 5
87.93%
Property Price at the End of Year 5
$631,000
Deposit Schedule
Total up to 0% in 30 days
$10,000
2.5% in 180 days
$12,248
12.5% on Occupancy
$61,238
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 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $323,000 |
rent income | $3,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $120,000 |
mortgage principal reduction | $2,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $71,000 |
deposit interest | $437 | - | - | - | - | - | - | - | - | - | $437 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $54,000 | $44,000 | $46,000 | $49,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $538,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $83,000 | - | - | - | - | - | - | - | - | - | $83,000 |
remaining balance payment | $14,000 | - | - | - | - | - | - | - | - | - | $14,000 |
closing cost | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
operating expense | $2,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $66,000 |
mortgage payment | $6,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $220,000 |
total expense investment | $151,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $430,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$96,687 | $14,000 | $16,000 | $18,000 | $20,000 | $22,000 | $25,000 | $27,000 | $30,000 | $33,000 | $108,000 |
cumulative roi | $35 | $51 | $65 | $77 | $88 | $98 | $108 | $117 | $127 | $136 | $902 |
The Citadel Condos
Address: Vaughan, Ontario
Price Range: $490,000 - $490,000
Avail. suites: 16
0—2 bd
315—683 SqFt