Suite number:
309 - C2-A
Project:
Address:
Markham, Ontario
Developer:
inCAN Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1
Size:
627 sqft
Occupancy Date:
Apr 2028
Price, CAD
$852,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.27%
Cumulative Return on Investment in Year 5
103.66%
Property Price at the End of Year 5
$1,099,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$42,650
2.5% in 120 days
$21,325
2.5% in 180 days
$21,325
2.5% in 600 days
$21,325
2.5% in 780 days
$21,325
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 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $563,000 |
rent income | - | - | $4,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $122,000 |
mortgage principal reduction | - | - | $3,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $89,000 |
deposit interest | -$2,215 | $6,000 | $6,000 | - | - | - | - | - | - | - | $10,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $53,000 | $86,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $808,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $85,000 | $21,000 | $64,000 | - | - | - | - | - | - | - | $171,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
operating expense | - | - | $2,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $71,000 |
mortgage payment | - | - | $11,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $310,000 |
total expense investment | $85,000 | $21,000 | $131,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $605,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$43,158 | $32,000 | -$45,318 | $25,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $203,000 |
cumulative roi | $52 | $89 | $80 | $93 | $104 | $113 | $122 | $130 | $138 | $146 | $1,000 |
The Unionville
Address: Markham, Ontario
Price Range: $722,000 - $1,949,000
Avail. suites: 28
0—3.5 bd
373—1503 SqFt