Suite number:
S02
Project:
Address:
Vaughan, Ontario
Developer:
SmartLiving
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
789 sqft
Occupancy Date:
Dec 2028
Price, CAD
$919,490
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.04%
Cumulative Return on Investment in Year 5
114.46%
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 | - | - | - | - | $19,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $149,000 |
| mortgage principal reduction | - | - | - | - | $9,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $74,000 |
| deposit interest | $519 | $520 | $520 | $520 | $78 | - | - | - | - | - | $2,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $48,000 | $51,000 | $53,000 | $56,000 | $111,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $857,000 |
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 | - | - | - | - | $55,000 | - | - | - | - | - | $55,000 |
| operating expense | - | - | - | - | $9,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $69,000 |
| mortgage payment | - | - | - | - | $38,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $269,000 |
| total expense investment | $10,000 | - | - | - | $277,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $577,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $38,000 | $51,000 | $53,000 | $56,000 | -$165,632 | $40,000 | $44,000 | $49,000 | $54,000 | $60,000 | $280,000 |
| cumulative roi | $482 | $990 | $2,000 | $2,000 | $114 | $126 | $137 | $148 | $158 | $168 | $6,000 |
Park Place Condos
Address: Vaughan, Ontario
Price Range: $678,000 - $1,027,000
Avail. suites: 11
1—2 bd
477—905 SqFt