Suite number:
1F+D
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
612 sqft
Occupancy Date:
Jun 2028
$696,800
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.93%
Cumulative Return on Investment in Year 5
120.71%
Property Price at the End of Year 5
$898,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$34,840
2.5% in 180 days
$17,420
2.5% in 365 days
$17,420
2.5% in 545 days
$17,420
2.5% in 730 days
$17,420
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $460,000 |
rent income | - | - | - | $11,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $157,000 |
mortgage principal reduction | - | - | - | $4,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $66,000 |
deposit interest | -$4,068 | $5,000 | $7,000 | $3,000 | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $44,000 | $47,000 | $84,000 | $76,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $718,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $52,000 | $35,000 | $17,000 | $35,000 | - | - | - | - | - | - | $139,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
operating expense | - | - | - | $4,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $58,000 |
mortgage payment | - | - | - | $17,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $220,000 |
total expense investment | $52,000 | $35,000 | $17,000 | $105,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $44,000 | $467,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$20,198 | $9,000 | $29,000 | -$21,177 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $52,000 | $252,000 |
cumulative roi | $69 | $87 | $117 | $105 | $121 | $135 | $149 | $162 | $176 | $189 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt