Suite number:
104
Project:
Address:
Markham, Ontario
Developer:
Eringate Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1187 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,307,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.69%
Cumulative Return on Investment in Year 5
104.54%
Property Price at the End of Year 5
$1,685,000
Deposit Schedule
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 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $863,000 |
| rent income | - | - | $24,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $363,000 |
| mortgage principal reduction | - | - | $9,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $144,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $72,000 | $133,000 | $138,000 | $145,000 | $152,000 | $160,000 | $167,000 | $175,000 | $184,000 | $1,394,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | $262,000 | - | - | - | - | - | - | - | $262,000 |
| closing cost | - | - | $63,000 | - | - | - | - | - | - | - | $63,000 |
| operating expense | - | - | $10,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $142,000 |
| mortgage payment | - | - | $38,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $497,000 |
| total expense investment | - | - | $373,000 | $83,000 | $83,000 | $84,000 | $84,000 | $85,000 | $85,000 | $86,000 | $963,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $68,000 | $72,000 | -$240,258 | $55,000 | $62,000 | $68,000 | $75,000 | $83,000 | $90,000 | $98,000 | $430,000 |
| cumulative roi | - | - | $72 | $89 | $105 | $119 | $133 | $146 | $159 | $173 | $995 |
46 On Main
Address: Markham, Ontario
Price Range: $503,000 - $1,308,000
Avail. suites: 51
1—3.5 bd
326—1187 SqFt