Suite number:
07 (Tower 1)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
889 sqft
Occupancy Date:
Sep 2027
Price, CAD
$1,096,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.27%
Cumulative Return on Investment in Year 5
114.97%
Property Price at the End of Year 5
$1,413,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$27,423
2.5% in 150 days
$27,423
2.5% in 500 days
$27,423
2.5% in 900 days
$27,423
10% on Occupancy
$109,690
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 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $86,000 | $90,000 | $724,000 |
| rent income | - | - | $5,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $256,000 |
| mortgage principal reduction | - | - | $2,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $117,000 |
| deposit interest | $2,000 | $5,000 | $7,000 | - | - | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $59,000 | $65,000 | $101,000 | $112,000 | $118,000 | $123,000 | $129,000 | $136,000 | $142,000 | $149,000 | $1,135,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | $27,000 | $137,000 | - | - | - | - | - | - | - | $219,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
| operating expense | - | - | $2,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $105,000 |
| mortgage payment | - | - | $9,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $382,000 |
| total expense investment | $55,000 | $27,000 | $206,000 | $67,000 | $67,000 | $68,000 | $68,000 | $69,000 | $69,000 | $70,000 | $765,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | $38,000 | -$104,315 | $45,000 | $50,000 | $56,000 | $61,000 | $67,000 | $73,000 | $80,000 | $370,000 |
| cumulative roi | $108 | $151 | $83 | $100 | $115 | $129 | $142 | $154 | $166 | $179 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $1,097,000
Avail. suites: 17
0—3.5 bd
362—1233 SqFt