Suite number:
1B1-BF
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
530 sqft
Occupancy Date:
Jun 2028
$630,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.02%
Cumulative Return on Investment in Year 5
123.96%
Property Price at the End of Year 5
$812,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,500
2.5% in 180 days
$15,750
2.5% in 365 days
$15,750
2.5% in 545 days
$15,750
2.5% in 730 days
$15,750
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 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $416,000 |
rent income | - | - | - | $5,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $90,000 |
mortgage principal reduction | - | - | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $64,000 |
deposit interest | $2,000 | $5,000 | $6,000 | $3,000 | - | - | - | - | - | - | $16,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $39,000 | $42,000 | $74,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $609,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $47,000 | $32,000 | $16,000 | $32,000 | - | - | - | - | - | - | $126,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $48,000 | - | - | - | - | - | - | $48,000 |
operating expense | - | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $46,000 |
mortgage payment | - | - | - | $12,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $185,000 |
total expense investment | $47,000 | $32,000 | $16,000 | $94,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $405,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$12,653 | $8,000 | $27,000 | -$20,590 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $204,000 |
cumulative roi | $73 | $94 | $123 | $111 | $124 | $135 | $146 | $155 | $165 | $174 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 29
1—3 bd
530—1099 SqFt