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$816,390

2 Beds

2 Baths

691 sqft

Bravo Condos - valencia_691_encore
1 Commerce St

Vaughan ON, L4K 5C3

MLS® # PB1063-VALENCIA_691_ENCO
Valencia_691_Encore - Bravo Condos by Menkes Developments Ltd.

Property Features:

  • Bedrooms: 2.0
  • Bathrooms: 2.0
  • Floor Space (approx): 691

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

102.3%

Cumulative Market Appreciation

$225,553

Net Operating Income in Year 5

$12,697

Cash on Cash Return in Year 5

-14.0%

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
%
$163,278
Mortgage Amount $653,112
Mortgage Payment
%
$3,388

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,684
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $863
Net Operating Income $820
Debt Service
Mortgage Payment $3,388
Net Cash Flow -$2,568

Acquistion Costs

Deposit $163,274
Land Transfer Tax $12,802
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $4
Total Acquisition Costs $192,580

Deposit Schedule

With the Offer $12,000
Deposit @ 30 days $28,819
Deposit @ 180 days $20,409
Deposit @ 360 days $20,409
Deposit @ 600 days $20,409
Deposit @ 750 days $20,409
Due on Occupancy $40,819
Total Deposit $163,274
Closing Date Jun 1, 2029

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $81,637$20,409$20,409$40,819 - - - - - -
Closing Costs - - - - $29,306 - - - - -
Mortgage Paydown - - - - $9,296$10,608$11,118$11,652$12,212$12,799
Total $81,637$20,409$20,409$40,819$38,602$10,608$11,118$11,652$12,212$12,799
Cash Invested $81,637$102,046$122,455$163,274$201,876$212,485$223,603$235,256$247,469$260,269
Rental Cash Flows
Rent and other income - - - - $18,527$21,008$21,911$22,854$23,836$24,861
Operating Expenses - - - - -$9,502-$10,596-$10,852-$11,116-$11,387-$11,665
Mortgage Payment - - - - -$37,275-$40,664-$40,664-$40,664-$40,664-$40,664
Net Cash Flow - - - - -$28,251-$30,252-$29,605-$28,926-$28,215-$27,468
Returns
Property Price Appreciation $40,819$42,860$45,003$47,253$49,616$52,097$54,702$57,437$60,308$63,324
Mortgage Paydown - - - - $9,296$10,608$11,118$11,652$12,212$12,799
Net Cash Flow - - - - -$28,251-$30,252-$29,605-$28,926-$28,215-$27,468
Total Return $40,819$42,860$45,003$47,253$30,661$32,453$36,214$40,162$44,306$48,655
Cumulative Return $40,819$83,679$128,683$175,937$206,598$239,051$275,266$315,429$359,736$408,392
Investment Metrics
Cumulative ROI 50.0% 82.0% 105.1% 107.8% 102.3% 112.5% 123.1% 134.1% 145.4% 156.9%
Cash On Cash - - - - -14.0% -14.2% -13.2% -12.3% -11.4% -10.6%

Location of valencia_691_encore-1 Commerce St, Vaughan, ON, L4K 5C3

Demographic Information of valencia_691_encore-1 Commerce St, Vaughan, ON, L4K 5C3

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$107,186.32

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.77 %

High school certificate or equivalent

23.69 %

Apprenticeship trade certificate/diploma

4.26 %

College/non-university certificate

18.57 %

University certificate (below bachelor)

2.75 %

University Degree

40.96 %

Commuter

Travel To Work

By Car

76.48 %

By Public Transit

18.45 %

By Walking

3.35 %

By Bicycle

0.0 %

By Other Methods

1.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

71.44 %

Houses

28.56 %

Own Vs. Rent