Suite number:
S06
Project:
Address:
Vaughan, Ontario
Developer:
SmartLiving
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
587 sqft
Occupancy Date:
Feb 2027
$732,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.88%
Cumulative Return on Investment in Year 5
96.48%
Property Price at the End of Year 5
$944,000
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 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $484,000 |
rent income | - | - | $9,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $122,000 |
mortgage principal reduction | - | - | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $85,000 |
deposit interest | $519 | $520 | $166 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $41,000 | $82,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $715,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $137,000 | - | - | - | - | - | - | - | $137,000 |
closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
operating expense | - | - | $5,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $69,000 |
mortgage payment | - | - | $24,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $273,000 |
total expense investment | $10,000 | - | $216,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $539,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $29,000 | $41,000 | -$134,154 | $24,000 | $27,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $176,000 |
cumulative roi | $385 | $791 | $71 | $85 | $96 | $107 | $117 | $126 | $135 | $143 | $2,000 |
Park Place Condos
Address: Vaughan, Ontario
Price Range: $678,000 - $1,027,000
Avail. suites: 11
1—2 bd
477—905 SqFt