Suite number:
1E+D
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
613 sqft
Occupancy Date:
Jun 2028
$701,100
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
27.78%
Cumulative Return on Investment in Year 5
130.93%
Property Price at the End of Year 5
$903,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,055
2.5% in 180 days
$17,528
2.5% in 365 days
$17,528
2.5% in 545 days
$17,528
2.5% in 730 days
$17,528
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 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $463,000 |
rent income | - | - | - | $9,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $155,000 |
mortgage principal reduction | - | - | - | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $71,000 |
deposit interest | $2,000 | $5,000 | $7,000 | $3,000 | - | - | - | - | - | - | $18,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $38,000 | $44,000 | $47,000 | $83,000 | $77,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $730,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $53,000 | $35,000 | $18,000 | $35,000 | - | - | - | - | - | - | $140,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
operating expense | - | - | - | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $57,000 |
mortgage payment | - | - | - | $13,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $206,000 |
total expense investment | $53,000 | $35,000 | $18,000 | $101,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $453,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$14,084 | $9,000 | $30,000 | -$18,764 | $36,000 | $40,000 | $43,000 | $47,000 | $51,000 | $55,000 | $277,000 |
cumulative roi | $73 | $94 | $123 | $114 | $131 | $147 | $162 | $177 | $192 | $207 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 29
1—3 bd
530—1099 SqFt