Suite number:
101
Project:
Address:
Markham, Ontario
Developer:
Eringate Homes
Property type:
condo
Floor plan:
Bathrooms:
Bedrooms:
2.5
Size:
1101 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,261,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.46%
Cumulative Return on Investment in Year 5
103.73%
Property Price at the End of Year 5
$1,626,000
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 | $65,000 | $69,000 | $73,000 | $76,000 | $80,000 | $85,000 | $89,000 | $94,000 | $98,000 | $104,000 | $833,000 |
| rent income | - | - | $22,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $337,000 |
| mortgage principal reduction | - | - | $9,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $139,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $65,000 | $69,000 | $128,000 | $132,000 | $138,000 | $145,000 | $152,000 | $160,000 | $167,000 | $176,000 | $1,332,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | $252,000 | - | - | - | - | - | - | - | $252,000 |
| closing cost | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
| operating expense | - | - | $9,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $133,000 |
| mortgage payment | - | - | $37,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $479,000 |
| total expense investment | - | - | $361,000 | $80,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $82,000 | $927,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $65,000 | $69,000 | -$232,874 | $52,000 | $58,000 | $65,000 | $71,000 | $78,000 | $86,000 | $93,000 | $405,000 |
| cumulative roi | - | - | $72 | $89 | $104 | $118 | $131 | $144 | $157 | $170 | $983 |
46 On Main
Address: Markham, Ontario
Price Range: $503,000 - $1,308,000
Avail. suites: 51
1—3.5 bd
326—1187 SqFt