Suite number:
920
Project:
Address:
Markham, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
1967 sqft
Occupancy Date:
Mar 2025
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.52%
Cumulative Return on Investment in Year 5
85.14%
Property Price at the End of Year 5
$4,123,000
Deposit Schedule
$5 at Signing
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 | $166,000 | $175,000 | $184,000 | $194,000 | $204,000 | $214,000 | $226,000 | $237,000 | $250,000 | $263,000 | $2,112,000 |
rent income | $43,000 | $59,000 | $62,000 | $65,000 | $67,000 | $70,000 | $73,000 | $76,000 | $80,000 | $83,000 | $679,000 |
mortgage principal reduction | $29,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $478,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $264,000 | $275,000 | $289,000 | $303,000 | $318,000 | $334,000 | $351,000 | $368,000 | $386,000 | $406,000 | $3,295,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $480,000 | - | - | - | - | - | - | - | - | - | $480,000 |
remaining balance payment | $160,000 | - | - | - | - | - | - | - | - | - | $160,000 |
closing cost | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
operating expense | $24,000 | $32,000 | $33,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $37,000 | $38,000 | $339,000 |
mortgage payment | $120,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $1,562,000 |
total expense investment | $891,000 | $192,000 | $193,000 | $194,000 | $194,000 | $195,000 | $196,000 | $197,000 | $198,000 | $199,000 | $2,648,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$626,696 | $83,000 | $96,000 | $110,000 | $124,000 | $139,000 | $155,000 | $171,000 | $189,000 | $207,000 | $647,000 |
cumulative roi | $26 | $45 | $60 | $74 | $85 | $96 | $106 | $115 | $125 | $134 | $866 |
Royal Bayview
Address: Markham, Ontario
Price Range: $1,830,000 - $2,975,000
Avail. suites: 6
1—2.5 bd
1232—2121 SqFt