Suite number:
S04
Project:
Address:
Vaughan, Ontario
Developer:
SmartLiving
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
807 sqft
Occupancy Date:
Feb 2027
$948,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.36%
Cumulative Return on Investment in Year 5
101.05%
Property Price at the End of Year 5
$1,223,000
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 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $626,000 |
rent income | - | - | $16,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $209,000 |
mortgage principal reduction | - | - | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $110,000 |
deposit interest | $519 | $520 | $166 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $50,000 | $52,000 | $103,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $970,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $180,000 | - | - | - | - | - | - | - | $180,000 |
closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
operating expense | - | - | $8,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $97,000 |
mortgage payment | - | - | $31,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $354,000 |
total expense investment | $10,000 | - | $273,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $696,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $40,000 | $52,000 | -$170,027 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $275,000 |
cumulative roi | $497 | $1,000 | $72 | $87 | $101 | $113 | $125 | $136 | $147 | $158 | $2,000 |
Park Place Condos
Address: Vaughan, Ontario
Price Range: $678,000 - $1,027,000
Avail. suites: 11
1—2 bd
477—905 SqFt