Suite number:
PENTHOUSE SUITE 04 - Tower 1
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
752 sqft
Occupancy Date:
Sep 2027
Price, CAD
$958,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.78%
Cumulative Return on Investment in Year 5
113.78%
Property Price at the End of Year 5
$1,235,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$23,973
2.5% in 150 days
$23,973
2.5% in 500 days
$23,973
2.5% in 900 days
$23,973
10% on Occupancy
$95,890
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 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $633,000 |
| rent income | - | - | $4,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $216,000 |
| mortgage principal reduction | - | - | $2,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $102,000 |
| deposit interest | $2,000 | $4,000 | $6,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $52,000 | $57,000 | $91,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $988,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | $24,000 | $120,000 | - | - | - | - | - | - | - | $192,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | $2,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $90,000 |
| mortgage payment | - | - | $8,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $334,000 |
| total expense investment | $48,000 | $24,000 | $184,000 | $58,000 | $58,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $671,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | $33,000 | -$92,735 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $63,000 | $69,000 | $317,000 |
| cumulative roi | $108 | $151 | $83 | $99 | $114 | $127 | $140 | $152 | $164 | $176 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $1,097,000
Avail. suites: 17
0—3.5 bd
362—1233 SqFt