Suite number:
GL18
Project:
Address:
Markham, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1866 sqft
Occupancy Date:
Mar 2025
$2,975,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.90%
Cumulative Return on Investment in Year 5
91.44%
Property Price at the End of Year 5
$3,833,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10634 days
$446,250
Net Gain (Loss)
Get Expert Advice
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 | $154,000 | $163,000 | $171,000 | $180,000 | $189,000 | $199,000 | $210,000 | $221,000 | $232,000 | $244,000 | $1,963,000 |
rent income | $44,000 | $67,000 | $70,000 | $73,000 | $76,000 | $80,000 | $83,000 | $87,000 | $90,000 | $94,000 | $765,000 |
mortgage principal reduction | $25,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $54,000 | $57,000 | $454,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $249,000 | $270,000 | $283,000 | $297,000 | $311,000 | $326,000 | $342,000 | $359,000 | $377,000 | $395,000 | $3,209,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $446,000 | - | - | - | - | - | - | - | - | - | $446,000 |
remaining balance payment | $149,000 | - | - | - | - | - | - | - | - | - | $149,000 |
closing cost | $100,000 | - | - | - | - | - | - | - | - | - | $100,000 |
operating expense | $20,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $37,000 | $38,000 | $39,000 | $40,000 | $341,000 |
mortgage payment | $96,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $1,399,000 |
total expense investment | $812,000 | $176,000 | $177,000 | $178,000 | $179,000 | $180,000 | $181,000 | $182,000 | $184,000 | $185,000 | $2,434,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$562,373 | $94,000 | $106,000 | $119,000 | $132,000 | $146,000 | $161,000 | $177,000 | $193,000 | $210,000 | $775,000 |
cumulative roi | $27 | $47 | $64 | $78 | $91 | $104 | $115 | $126 | $137 | $147 | $937 |
Royal Bayview
Address: Markham, Ontario
Price Range: $1,830,000 - $3,200,000
Avail. suites: 7
1—2.5 bd
1232—2121 SqFt