Suite number:
B-102 - 1J
Project:
Address:
Markham, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
576 sqft
Occupancy Date:
Apr 2026
Price, CAD
$558,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.48%
Cumulative Return on Investment in Year 5
87.57%
Property Price at the End of Year 5
$720,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$27,945
2.5% in 180 days
$13,973
12.5% on Occupancy
$69,863
Net Gain (Loss)
Get Expert Advice
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 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $369,000 |
rent income | $6,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $153,000 |
mortgage principal reduction | $3,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $80,000 |
deposit interest | $702 | - | - | - | - | - | - | - | - | - | $702 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $62,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $626,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
operating expense | $3,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $75,000 |
mortgage payment | $12,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $264,000 |
total expense investment | $175,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $498,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$112,464 | $16,000 | $18,000 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $128,000 |
cumulative roi | $34 | $50 | $64 | $76 | $88 | $98 | $108 | $118 | $128 | $138 | $903 |
Joy Station Condos
Address: Markham, Ontario
Price Range: $474,000 - $1,489,000
Avail. suites: 16
1—4 bd
486—1848 SqFt