Suite number:
Suite 02(BF) - Tower 3
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
742 sqft
Occupancy Date:
Mar 2028
Price, CAD
$909,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.23%
Cumulative Return on Investment in Year 5
113.28%
Property Price at the End of Year 5
$1,172,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$45,495
5% in 365 days
$45,495
5% in 723 days
$45,495
5% on Occupancy
$45,495
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 | - | - | $6,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $215,000 |
mortgage principal reduction | - | - | $3,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $95,000 |
deposit interest | $2,000 | $7,000 | $5,000 | - | - | - | - | - | - | - | $14,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $49,000 | $57,000 | $91,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $123,000 | $949,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $45,000 | $91,000 | $45,000 | - | - | - | - | - | - | - | $182,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
operating expense | - | - | $3,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $87,000 |
mortgage payment | - | - | $11,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $330,000 |
total expense investment | $45,000 | $91,000 | $115,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $654,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$34,144 | -$24,316 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $60,000 | $65,000 | $295,000 |
cumulative roi | $109 | $78 | $83 | $99 | $113 | $126 | $138 | $150 | $162 | $174 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $830,000 - $1,107,000
Avail. suites: 11
0—3.5 bd
425—1233 SqFt