Suite number:
S03
Project:
Address:
Vaughan, Ontario
Developer:
SmartLiving
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
588 sqft
Occupancy Date:
Dec 2028
Price, CAD
$768,490
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
36.11%
Cumulative Return on Investment in Year 5
114.10%
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 | - | - | - | - | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $133,000 |
| mortgage principal reduction | - | - | - | - | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $62,000 |
| deposit interest | $519 | $520 | $520 | $520 | $78 | - | - | - | - | - | $2,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $40,000 | $43,000 | $45,000 | $47,000 | $98,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $729,000 |
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 | - | - | - | - | $52,000 | - | - | - | - | - | $52,000 |
| operating expense | - | - | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $55,000 |
| mortgage payment | - | - | - | - | $32,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $224,000 |
| total expense investment | $10,000 | - | - | - | $236,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $485,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $30,000 | $43,000 | $45,000 | $47,000 | -$137,503 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $243,000 |
| cumulative roi | $404 | $829 | $1,000 | $2,000 | $114 | $127 | $138 | $149 | $160 | $171 | $5,000 |
Park Place Condos
Address: Vaughan, Ontario
Price Range: $678,000 - $1,027,000
Avail. suites: 11
1—2 bd
477—905 SqFt