Suite number:
SUITE 02(BF) - Tower 3
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
742 sqft
Occupancy Date:
Sep 2027
Price, CAD
$909,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.75%
Cumulative Return on Investment in Year 5
114.07%
Property Price at the End of Year 5
$1,172,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$22,748
2.5% in 150 days
$22,748
2.5% in 500 days
$22,748
2.5% in 900 days
$22,748
10% on Occupancy
$90,990
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $600,000 |
| rent income | - | - | $4,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $213,000 |
| mortgage principal reduction | - | - | $2,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $97,000 |
| deposit interest | $2,000 | $4,000 | $6,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $54,000 | $88,000 | $93,000 | $98,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $947,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $23,000 | $114,000 | - | - | - | - | - | - | - | $182,000 |
| 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 | $13,000 | $88,000 |
| mortgage payment | - | - | $7,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $317,000 |
| total expense investment | $45,000 | $23,000 | $177,000 | $55,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $58,000 | $641,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $31,000 | -$88,470 | $38,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $66,000 | $306,000 |
| cumulative roi | $108 | $151 | $82 | $99 | $114 | $128 | $141 | $153 | $165 | $177 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $1,097,000
Avail. suites: 17
0—3.5 bd
362—1233 SqFt