Suite number:
S02
Project:
Address:
Vaughan, Ontario
Developer:
SmartLiving
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
789 sqft
Occupancy Date:
Feb 2027
$919,490
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.31%
Cumulative Return on Investment in Year 5
101.07%
Property Price at the End of Year 5
$1,185,000
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 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $607,000 |
rent income | - | - | $15,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $205,000 |
mortgage principal reduction | - | - | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $106,000 |
deposit interest | $519 | $520 | $166 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $48,000 | $51,000 | $100,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $943,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $174,000 | - | - | - | - | - | - | - | $174,000 |
closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
operating expense | - | - | $7,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $95,000 |
mortgage payment | - | - | $30,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $343,000 |
total expense investment | $10,000 | - | $265,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $676,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $38,000 | $51,000 | -$164,694 | $36,000 | $40,000 | $44,000 | $49,000 | $53,000 | $58,000 | $64,000 | $267,000 |
cumulative roi | $482 | $990 | $72 | $87 | $101 | $114 | $125 | $136 | $147 | $158 | $2,000 |
Park Place Condos
Address: Vaughan, Ontario
Price Range: $678,000 - $1,027,000
Avail. suites: 11
1—2 bd
477—905 SqFt