Suite number:
201
Project:
Address:
Markham, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
3
Bedrooms:
2
Size:
1348 sqft
Occupancy Date:
Mar 2025
$1,970,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.14%
Cumulative Return on Investment in Year 5
88.93%
Property Price at the End of Year 5
$2,538,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10634 days
$295,500
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 | $102,000 | $108,000 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $1,300,000 |
rent income | $26,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $57,000 | $461,000 |
mortgage principal reduction | $17,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $301,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $171,000 | $175,000 | $183,000 | $192,000 | $201,000 | $211,000 | $222,000 | $233,000 | $244,000 | $256,000 | $2,087,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $296,000 | - | - | - | - | - | - | - | - | - | $296,000 |
remaining balance payment | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
closing cost | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
operating expense | $14,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $26,000 | $26,000 | $27,000 | $232,000 |
mortgage payment | $64,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $926,000 |
total expense investment | $547,000 | $117,000 | $118,000 | $119,000 | $119,000 | $120,000 | $121,000 | $122,000 | $122,000 | $123,000 | $1,627,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$376,058 | $57,000 | $65,000 | $74,000 | $82,000 | $91,000 | $101,000 | $111,000 | $122,000 | $133,000 | $460,000 |
cumulative roi | $28 | $47 | $63 | $77 | $89 | $100 | $111 | $121 | $131 | $140 | $907 |
Royal Bayview
Address: Markham, Ontario
Price Range: $1,830,000 - $3,200,000
Avail. suites: 7
1—2.5 bd
1232—2121 SqFt