Suite number:
E304
Project:
Address:
Markham, Ontario
Developer:
The Sher Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
721 sqft
Occupancy Date:
Nov 2024
Price, CAD
$939,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
46.49%
Cumulative Return on Investment in Year 5
225.94%
Property Price at the End of Year 5
$1,211,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 10149 days
$140,985
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $620,000 |
| rent income | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $267,000 |
| mortgage principal reduction | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $150,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $107,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $1,061,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $116,000 |
| mortgage payment | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $457,000 |
| total expense investment | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $59,000 | $59,000 | $574,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $51,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $63,000 | $68,000 | $487,000 |
| cumulative roi | $273 | $232 | $223 | $223 | $226 | $231 | $237 | $244 | $252 | $261 | $2,000 |
EverHome Markham
Address: Markham, Ontario
Price Range: $770,000 - $1,469,000
Avail. suites: 15
1—3 bd
427—1159 SqFt