Suite number:
S03
Project:
Address:
Vaughan, Ontario
Developer:
SmartLiving
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
588 sqft
Occupancy Date:
Feb 2027
$768,490
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.24%
Cumulative Return on Investment in Year 5
102.30%
Property Price at the End of Year 5
$990,000
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $507,000 |
rent income | - | - | $14,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $183,000 |
mortgage principal reduction | - | - | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $89,000 |
deposit interest | $519 | $520 | $166 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $43,000 | $89,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $804,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $144,000 | - | - | - | - | - | - | - | $144,000 |
closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
operating expense | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $76,000 |
mortgage payment | - | - | $25,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $287,000 |
total expense investment | $10,000 | - | $225,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $567,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $30,000 | $43,000 | -$136,668 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $55,000 | $237,000 |
cumulative roi | $404 | $829 | $72 | $88 | $102 | $115 | $128 | $140 | $151 | $163 | $2,000 |
Park Place Condos
Address: Vaughan, Ontario
Price Range: $678,000 - $1,027,000
Avail. suites: 11
1—2 bd
477—905 SqFt