Suite number:
E304
Project:
Address:
Markham, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
721 sqft
Occupancy Date:
Feb 2025
Price, CAD
$939,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.02%
Cumulative Return on Investment in Year 5
87.31%
Property Price at the End of Year 5
$1,211,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 9999 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 | $19,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $254,000 |
| mortgage principal reduction | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $143,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $103,000 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $1,042,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $141,000 | - | - | - | - | - | - | - | - | - | $141,000 |
| remaining balance payment | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
| closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $108,000 |
| mortgage payment | $43,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $467,000 |
| total expense investment | $296,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $818,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$193,186 | $28,000 | $32,000 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $61,000 | $66,000 | $224,000 |
| cumulative roi | $30 | $48 | $62 | $75 | $87 | $99 | $109 | $120 | $130 | $140 | $901 |
EverHome Markham
Address: Markham, Ontario
Price Range: $770,000 - $1,469,000
Avail. suites: 15
1—3 bd
427—1159 SqFt