Suite number:
B-103 - 2J
Project:
Address:
Markham, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
756 sqft
Occupancy Date:
Apr 2026
Price, CAD
$769,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.66%
Cumulative Return on Investment in Year 5
94.96%
Property Price at the End of Year 5
$992,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$38,495
2.5% in 180 days
$19,248
12.5% on Occupancy
$96,238
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $509,000 |
rent income | $2,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $240,000 |
mortgage principal reduction | $775 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $105,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $69,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $879,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $154,000 | - | - | - | - | - | - | - | - | - | $154,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
operating expense | $831 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
mortgage payment | $3,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $350,000 |
total expense investment | $210,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $656,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$141,665 | $25,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $58,000 | $223,000 |
cumulative roi | $33 | $51 | $67 | $82 | $95 | $107 | $120 | $131 | $143 | $155 | $985 |
Joy Station Condos
Address: Markham, Ontario
Price Range: $519,000 - $1,489,000
Avail. suites: 21
1—4 bd
486—1848 SqFt