Suite number:
04(BF) (Tower 1)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
752 sqft
Occupancy Date:
Sep 2027
$915,900
Available
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
114.21%
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 | - | - | $4,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $216,000 |
mortgage principal reduction | - | - | $2,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $98,000 |
deposit interest | $2,000 | $4,000 | $6,000 | - | - | - | - | - | - | - | $12,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $49,000 | $54,000 | $89,000 | $94,000 | $99,000 | $103,000 | $108,000 | $114,000 | $119,000 | $125,000 | $954,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $46,000 | $23,000 | $114,000 | - | - | - | - | - | - | - | $183,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
operating expense | - | - | $2,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $89,000 |
mortgage payment | - | - | $7,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $319,000 |
total expense investment | $46,000 | $23,000 | $178,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $645,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | $31,000 | -$88,957 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $61,000 | $67,000 | $309,000 |
cumulative roi | $108 | $151 | $83 | $99 | $114 | $128 | $141 | $153 | $166 | $178 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $1,097,000
Avail. suites: 17
0—3.5 bd
362—1233 SqFt