Suite number:
Tipo 51 (T3)
Project:
Address:
Vaughan, Ontario
Developer:
Cortel Group
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1220 sqft
Occupancy Date:
Oct 2024
Price, CAD
$1,202,999
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
159.02%
Property Price at the End of Year 5
$1,550,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 660 days
$240,600
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 | $62,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $794,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $17,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $194,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $103,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $111,000 | $116,000 | $122,000 | $1,012,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $585,000 |
| total expense investment | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $585,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $45,000 | $24,000 | $28,000 | $32,000 | $37,000 | $42,000 | $47,000 | $52,000 | $58,000 | $64,000 | $426,000 |
| cumulative roi | $192 | $165 | $159 | $158 | $159 | $161 | $164 | $167 | $170 | $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