Suite number:
S04
Project:
Address:
Vaughan, Ontario
Developer:
SmartLiving
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
807 sqft
Occupancy Date:
Dec 2028
Price, CAD
$948,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
34.89%
Cumulative Return on Investment in Year 5
114.58%
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 | - | - | - | - | $20,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $153,000 |
mortgage principal reduction | - | - | - | - | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $77,000 |
deposit interest | $519 | $520 | $520 | $520 | $78 | - | - | - | - | - | $2,000 |
gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
total income return | $50,000 | $52,000 | $55,000 | $58,000 | $114,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $882,000 |
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 | - | - | - | - | $56,000 | - | - | - | - | - | $56,000 |
operating expense | - | - | - | - | $10,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $70,000 |
mortgage payment | - | - | - | - | $40,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $277,000 |
total expense investment | $10,000 | - | - | - | $285,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $593,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $40,000 | $52,000 | $55,000 | $58,000 | -$170,967 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $289,000 |
cumulative roi | $497 | $1,000 | $2,000 | $2,000 | $115 | $126 | $137 | $148 | $158 | $168 | $6,000 |
Park Place Condos
Address: Vaughan, Ontario
Price Range: $678,000 - $1,027,000
Avail. suites: 11
1—2 bd
477—905 SqFt