Suite number:
CALIFORNIA 1046 (East Tower)
Project:
Address:
Vaughan, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1046 sqft
Occupancy Date:
Jun 2029
Price, CAD
$1,052,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
38.84%
Cumulative Return on Investment in Year 5
136.60%
Property Price at the End of Year 5
$1,357,000
Deposit Schedule
$12,000 at Signing
Total up to 5% in 30 days
$52,650
2.5% in 180 days
$26,325
2.5% in 360 days
$26,325
2.5% in 600 days
$26,325
2.5% in 750 days
$26,325
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 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $695,000 |
| rent income | - | - | - | - | $18,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $222,000 |
| mortgage principal reduction | - | - | - | - | $6,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $80,000 |
| deposit interest | -$8,038 | $8,000 | $10,000 | $8,000 | $4,000 | - | - | - | - | - | $22,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $47,000 | $65,000 | $71,000 | $72,000 | $119,000 | $121,000 | $127,000 | $133,000 | $140,000 | $147,000 | $1,042,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $105,000 | $26,000 | $26,000 | - | $53,000 | - | - | - | - | - | $211,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $58,000 | - | - | - | - | - | $58,000 |
| operating expense | - | - | - | - | $8,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $91,000 |
| mortgage payment | - | - | - | - | $26,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $290,000 |
| total expense investment | $105,000 | $26,000 | $26,000 | - | $145,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $650,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$58,738 | $39,000 | $45,000 | $72,000 | -$25,541 | $53,000 | $58,000 | $64,000 | $70,000 | $76,000 | $392,000 |
| cumulative roi | $52 | $85 | $116 | $161 | $137 | $151 | $164 | $177 | $190 | $203 | $1,000 |
Bravo Condos
Address: Vaughan, Ontario
Price Range: $484,000 - $1,296,000
Avail. suites: 42
0—3 bd
334—1046 SqFt