Suite number:
California 815 (Encore)
Project:
Address:
Vaughan, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
815 sqft
Occupancy Date:
Jun 2029
Price, CAD
$864,790
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
39.38%
Cumulative Return on Investment in Year 5
135.28%
Property Price at the End of Year 5
$1,114,000
Deposit Schedule
$12,000 at Signing
Total up to 5% in 30 days
$43,240
2.5% in 180 days
$21,620
2.5% in 360 days
$21,620
2.5% in 600 days
$21,620
2.5% in 750 days
$21,620
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 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $571,000 |
| rent income | - | - | - | - | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $190,000 |
| mortgage principal reduction | - | - | - | - | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $72,000 |
| deposit interest | $3,000 | $6,000 | $8,000 | $6,000 | - | - | - | - | - | - | $24,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $48,000 | $53,000 | $58,000 | $59,000 | $118,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $882,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $86,000 | $22,000 | $22,000 | $43,000 | - | - | - | - | - | - | $173,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $54,000 | - | - | - | - | - | - | $54,000 |
| operating expense | - | - | - | - | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $79,000 |
| mortgage payment | - | - | - | - | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $260,000 |
| total expense investment | $86,000 | $22,000 | $22,000 | $98,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $566,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$38,394 | $32,000 | $37,000 | -$38,739 | $63,000 | $43,000 | $47,000 | $52,000 | $57,000 | $62,000 | $316,000 |
| cumulative roi | $56 | $94 | $123 | $108 | $135 | $148 | $161 | $173 | $186 | $198 | $1,000 |
Bravo Condos
Address: Vaughan, Ontario
Price Range: $470,000 - $865,000
Avail. suites: 18
0—3 bd
334—1046 SqFt