Suite number:
Plan 10 (Tower 1)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
901 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,106,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.79%
Cumulative Return on Investment in Year 5
114.38%
Property Price at the End of Year 5
$1,426,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$55,345
5% in 365 days
$55,345
5% in 723 days
$55,345
5% on Occupancy
$55,345
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 | $57,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $731,000 |
| rent income | - | - | $8,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $261,000 |
| mortgage principal reduction | - | - | $3,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $115,000 |
| deposit interest | $3,000 | $9,000 | $6,000 | - | - | - | - | - | - | - | $17,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $60,000 | $69,000 | $105,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $1,149,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | $111,000 | $55,000 | - | - | - | - | - | - | - | $221,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $59,000 | - | - | - | - | - | - | - | $59,000 |
| operating expense | - | - | $3,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $105,000 |
| mortgage payment | - | - | $14,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $402,000 |
| total expense investment | $55,000 | $111,000 | $132,000 | $69,000 | $69,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $788,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$41,537 | -$26,782 | $44,000 | $49,000 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $361,000 |
| cumulative roi | $109 | $78 | $84 | $100 | $114 | $127 | $140 | $152 | $164 | $175 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $830,000 - $1,107,000
Avail. suites: 11
0—3.5 bd
425—1233 SqFt