Suite number:
1G+D
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
617 sqft
Occupancy Date:
Oct 2027
Price, CAD
$714,200
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.42%
Cumulative Return on Investment in Year 5
106.59%
Property Price at the End of Year 5
$920,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,710
2.5% in 180 days
$17,855
2.5% in 365 days
$17,855
2.5% in 545 days
$17,855
2.5% in 730 days
$17,855
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $471,000 |
rent income | - | - | $16,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $193,000 |
mortgage principal reduction | - | - | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $81,000 |
deposit interest | -$1,850 | $6,000 | $3,000 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $45,000 | $91,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $776,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $54,000 | $36,000 | $54,000 | - | - | - | - | - | - | - | $143,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
operating expense | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $69,000 |
mortgage payment | - | - | $27,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $277,000 |
total expense investment | $54,000 | $36,000 | $138,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $540,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$18,383 | $9,000 | -$47,190 | $30,000 | $34,000 | $38,000 | $41,000 | $45,000 | $50,000 | $54,000 | $236,000 |
cumulative roi | $69 | $89 | $76 | $92 | $107 | $120 | $133 | $146 | $159 | $172 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt