Suite number:
1P+D (Building B)
Project:
Address:
Vaughan, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
685 sqft
Occupancy Date:
Jul 2024
Price, CAD
$729,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.65%
Cumulative Return on Investment in Year 5
150.36%
Property Price at the End of Year 5
$940,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 9999 days
$36,495
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $482,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $13,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $122,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $51,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $604,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $355,000 |
| total expense investment | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $355,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $16,000 | $14,000 | $17,000 | $20,000 | $22,000 | $25,000 | $29,000 | $32,000 | $35,000 | $39,000 | $249,000 |
| cumulative roi | $145 | $143 | $144 | $147 | $150 | $154 | $158 | $162 | $166 | $170 | $2,000 |
Promenade Park Towers
Address: Vaughan, Ontario
Price Range: $460,000 - $730,000
Avail. suites: 5
0—3 bd
482—2130 SqFt