Suite number:
Suite 06 - Tower 3
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
699 sqft
Occupancy Date:
Mar 2028
Price, CAD
$899,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.39%
Cumulative Return on Investment in Year 5
109.44%
Property Price at the End of Year 5
$1,159,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$44,995
5% in 365 days
$44,995
5% in 723 days
$44,995
5% on Occupancy
$44,995
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 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $594,000 |
| rent income | - | - | $5,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $170,000 |
| mortgage principal reduction | - | - | $3,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $94,000 |
| deposit interest | $2,000 | $7,000 | $5,000 | - | - | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $56,000 | $88,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $896,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $90,000 | $45,000 | - | - | - | - | - | - | - | $180,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | $3,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $80,000 |
| mortgage payment | - | - | $11,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $327,000 |
| total expense investment | $45,000 | $90,000 | $114,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $641,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$33,769 | -$25,294 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $59,000 | $254,000 |
| cumulative roi | $109 | $78 | $83 | $97 | $109 | $120 | $131 | $141 | $150 | $160 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $830,000 - $1,107,000
Avail. suites: 11
0—3.5 bd
425—1233 SqFt