Suite number:
Tipo 49 (T3)
Project:
Address:
Vaughan, Ontario
Developer:
Cortel Group
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1180 sqft
Occupancy Date:
Oct 2024
Price, CAD
$1,168,499
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.11%
Cumulative Return on Investment in Year 5
159.27%
Property Price at the End of Year 5
$1,505,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 660 days
$233,700
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 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $771,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $188,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $101,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $113,000 | $119,000 | $983,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $568,000 |
| total expense investment | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $568,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $44,000 | $23,000 | $27,000 | $31,000 | $36,000 | $40,000 | $45,000 | $51,000 | $56,000 | $62,000 | $415,000 |
| cumulative roi | $194 | $166 | $160 | $158 | $159 | $161 | $164 | $167 | $171 | $174 | $2,000 |
Abeja District Tower 2 & 3
Address: Vaughan, Ontario
Price Range: $1,150,000 - $1,386,000
Avail. suites: 11
1—3 bd
415—1430 SqFt