Suite number:
A-PH-06 - 3A+D
Project:
Address:
Markham, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
1522 sqft
Occupancy Date:
Nov 2024
$1,458,800
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.11%
Cumulative Return on Investment in Year 5
157.56%
Property Price at the End of Year 5
$1,879,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 10209 days
$291,760
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 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $120,000 | $963,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $235,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $120,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $128,000 | $134,000 | $141,000 | $148,000 | $1,222,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $710,000 |
total expense investment | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $710,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $49,000 | $29,000 | $34,000 | $39,000 | $45,000 | $50,000 | $57,000 | $63,000 | $70,000 | $77,000 | $512,000 |
cumulative roi | $185 | $161 | $157 | $156 | $158 | $160 | $163 | $166 | $170 | $174 | $2,000 |
Joy Station Condos
Address: Markham, Ontario
Price Range: $590,000 - $1,489,000
Avail. suites: 16
1—4 bd
486—1848 SqFt