Suite number:
Tipo 52 (T2)
Project:
Address:
Vaughan, Ontario
Developer:
Cortel Group
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1270 sqft
Occupancy Date:
Oct 2024
Price, CAD
$1,241,999
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
158.76%
Property Price at the End of Year 5
$1,600,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 660 days
$248,400
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 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $820,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $200,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $106,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $109,000 | $114,000 | $120,000 | $126,000 | $1,044,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $604,000 |
| total expense investment | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $604,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $45,000 | $24,000 | $29,000 | $33,000 | $38,000 | $43,000 | $48,000 | $54,000 | $60,000 | $66,000 | $439,000 |
| cumulative roi | $191 | $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