Suite number:
Tipo 53 (T3)
Project:
Address:
Vaughan, Ontario
Developer:
Cortel Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1420 sqft
Occupancy Date:
Oct 2024
Price, CAD
$1,386,249
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.61%
Cumulative Return on Investment in Year 5
146.96%
Property Price at the End of Year 5
$1,786,000
Deposit Schedule
$5 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 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $915,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $30,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $24,000 | $25,000 | $26,000 | $27,000 | $234,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $102,000 | $94,000 | $99,000 | $104,000 | $110,000 | $115,000 | $121,000 | $127,000 | $134,000 | $141,000 | $1,149,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $694,000 |
| total expense investment | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $694,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $33,000 | $25,000 | $30,000 | $35,000 | $40,000 | $46,000 | $52,000 | $58,000 | $65,000 | $71,000 | $455,000 |
| cumulative roi | $147 | $142 | $142 | $144 | $147 | $150 | $154 | $157 | $161 | $166 | $2,000 |
Abeja District Tower 2 & 3
Address: Vaughan, Ontario
Price Range: $1,150,000 - $1,386,000
Avail. suites: 11
1—3 bd
415—1430 SqFt