Suite number:
201
Project:
Address:
Markham, Ontario
Developer:
Eringate Homes
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1.5
Size:
710 sqft
Occupancy Date:
Mar 2027
Price, CAD
$897,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.82%
Cumulative Return on Investment in Year 5
102.90%
Property Price at the End of Year 5
$1,157,000
Deposit Schedule
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $593,000 |
| rent income | - | - | $15,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $218,000 |
| mortgage principal reduction | - | - | $7,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $102,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $47,000 | $49,000 | $97,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $937,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | $180,000 | - | - | - | - | - | - | - | $180,000 |
| closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | - | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $90,000 |
| mortgage payment | - | - | $25,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $331,000 |
| total expense investment | - | - | $265,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $654,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $47,000 | $49,000 | -$167,834 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $60,000 | $65,000 | $283,000 |
| cumulative roi | - | - | $72 | $88 | $103 | $116 | $129 | $141 | $154 | $166 | $969 |
46 On Main
Address: Markham, Ontario
Price Range: $503,000 - $1,308,000
Avail. suites: 51
1—3.5 bd
326—1187 SqFt