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$786,998

Stella 2 Condos - 209 Steeles Ave W - 2k_t - Brampton, ON, L6Y 0B5

MLS® # PB914-2K_T

2.0 Beds

2 Baths

657 sqft

Property Features:

  • Bedrooms: 2.0
  • Bathrooms: 2.0
  • Floor Space (approx): 657

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

66.0%

Cumulative Market Appreciation

$217,433

Net Operating Income in Year 5

$12,814

Cash on Cash Return in Year 5

-12.1%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$157,400
Mortgage Amount $629,598
Mortgage Payment
%
$3,266

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,601
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $764
Net Operating Income $837
Debt Service
Mortgage Payment $3,266
Net Cash Flow -$2,429

Acquistion Costs

Deposit $157,395
Land Transfer Tax $12,214
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $4
Total Acquisition Costs $186,113

Deposit Schedule

With the Offer $10,000
Deposit @ 30 days $9,674
Deposit @ 90 days $19,674
Deposit @ 365 days $39,349
Deposit @ 540 days $39,349
Due on Occupancy $39,349
Total Deposit $157,395
Closing Date Jun 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $39,348$118,047 - - - - - - - -
Closing Costs - $28,718 - - - - - - - -
Mortgage Paydown - $8,131$10,186$10,676$11,189$11,727$12,290$12,881$13,500$14,149
Total $39,348$154,896$10,186$10,676$11,189$11,727$12,290$12,881$13,500$14,149
Cash Invested $39,348$194,244$204,431$215,107$226,297$238,024$250,315$263,196$276,697$290,847
Rental Cash Flows
Rent and other income - $16,014$19,905$20,761$21,654$22,585$23,556$24,569$25,626$26,728
Operating Expenses - -$7,643-$9,358-$9,587-$9,823-$10,066-$10,315-$10,571-$10,835-$11,106
Mortgage Payment - -$32,667-$39,200-$39,200-$39,200-$39,200-$39,200-$39,200-$39,200-$39,200
Net Cash Flow - -$24,295-$28,653-$28,026-$27,369-$26,681-$25,959-$25,202-$24,409-$23,578
Returns
Property Price Appreciation $39,349$41,317$43,383$45,552$47,830$50,221$52,732$55,369$58,137$61,044
Mortgage Paydown - $8,131$10,186$10,676$11,189$11,727$12,290$12,881$13,500$14,149
Net Cash Flow - -$24,295-$28,653-$28,026-$27,369-$26,681-$25,959-$25,202-$24,409-$23,578
Total Return $39,349$25,152$24,916$28,201$31,649$35,267$39,064$43,048$47,228$51,615
Cumulative Return $39,349$64,502$89,419$117,621$149,270$184,538$223,602$266,650$313,879$365,495
Investment Metrics
Cumulative ROI 100.0% 33.2% 43.7% 54.7% 66.0% 77.5% 89.3% 101.3% 113.4% 125.7%
Cash On Cash - -12.5% -14.0% -13.0% -12.1% -11.2% -10.4% -9.6% -8.8% -8.1%

Location of 2k_t-209 Steeles Ave W, Brampton, ON, L6Y 0B5

Demographic Information of 2k_t-209 Steeles Ave W, Brampton, ON, L6Y 0B5

Life Stage

Young Families

Employment Type

Service Sector

Average Household Income

$96,592.20

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.36 %

High school certificate or equivalent

24.66 %

Apprenticeship trade certificate/diploma

2.6 %

College/non-university certificate

13.77 %

University certificate (below bachelor)

2.18 %

University Degree

41.43 %

Commuter

Travel To Work

By Car

70.51 %

By Public Transit

23.35 %

By Walking

2.98 %

By Bicycle

0.0 %

By Other Methods

3.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

77.75 %

Houses

22.25 %

Own Vs. Rent