Suite number:
04(BF) (Tower 1)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
752 sqft
Occupancy Date:
Mar 2028
Price, CAD
$915,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.14%
Cumulative Return on Investment in Year 5
115.53%
Property Price at the End of Year 5
$1,180,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$22,898
2.5% in 150 days
$22,898
2.5% in 500 days
$22,898
2.5% in 900 days
$22,898
10% on Occupancy
$91,590
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 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $604,000 |
rent income | - | - | - | $22,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $204,000 |
mortgage principal reduction | - | - | - | $9,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $89,000 |
deposit interest | $1,000 | $4,000 | $7,000 | $593 | - | - | - | - | - | - | $13,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $49,000 | $54,000 | $59,000 | $111,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $934,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $46,000 | $23,000 | $23,000 | $92,000 | - | - | - | - | - | - | $183,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $55,000 | - | - | - | - | - | - | $55,000 |
operating expense | - | - | - | $9,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $82,000 |
mortgage payment | - | - | - | $38,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $313,000 |
total expense investment | $46,000 | $23,000 | $23,000 | $194,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $634,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | $31,000 | $36,000 | -$83,161 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $300,000 |
cumulative roi | $107 | $150 | $178 | $101 | $116 | $128 | $141 | $153 | $164 | $176 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $959,000
Avail. suites: 14
0—3.5 bd
362—1233 SqFt