Suite number:
1K+D
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
663 sqft
Occupancy Date:
Jun 2028
Price, CAD
$748,800
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.26%
Cumulative Return on Investment in Year 5
121.45%
Property Price at the End of Year 5
$965,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$37,440
2.5% in 180 days
$18,720
2.5% in 365 days
$18,720
2.5% in 545 days
$18,720
2.5% in 730 days
$18,720
Net Gain (Loss)
Get Expert Advice
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $494,000 |
| rent income | - | - | - | $12,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $171,000 |
| mortgage principal reduction | - | - | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $71,000 |
| deposit interest | -$4,372 | $6,000 | $7,000 | $3,000 | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $47,000 | $50,000 | $89,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $772,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $56,000 | $37,000 | $19,000 | $37,000 | - | - | - | - | - | - | $150,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $62,000 |
| mortgage payment | - | - | - | $18,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $237,000 |
| total expense investment | $56,000 | $37,000 | $19,000 | $110,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $499,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$21,705 | $9,000 | $32,000 | -$21,834 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $272,000 |
| cumulative roi | $69 | $87 | $117 | $106 | $121 | $136 | $150 | $164 | $177 | $191 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt