Suite number:
103
Project:
Address:
Markham, Ontario
Developer:
Eringate Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1109 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,285,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.45%
Cumulative Return on Investment in Year 5
103.60%
Property Price at the End of Year 5
$1,657,000
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 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $106,000 | $849,000 |
| rent income | - | - | $23,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $339,000 |
| mortgage principal reduction | - | - | $9,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $141,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $67,000 | $70,000 | $130,000 | $134,000 | $140,000 | $147,000 | $154,000 | $162,000 | $170,000 | $178,000 | $1,353,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | $257,000 | - | - | - | - | - | - | - | $257,000 |
| closing cost | - | - | $63,000 | - | - | - | - | - | - | - | $63,000 |
| operating expense | - | - | $10,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $134,000 |
| mortgage payment | - | - | $38,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $488,000 |
| total expense investment | - | - | $367,000 | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $83,000 | $83,000 | $942,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $67,000 | $70,000 | -$237,235 | $53,000 | $59,000 | $65,000 | $72,000 | $79,000 | $87,000 | $95,000 | $411,000 |
| cumulative roi | - | - | $72 | $89 | $104 | $118 | $131 | $144 | $156 | $169 | $981 |
46 On Main
Address: Markham, Ontario
Price Range: $503,000 - $1,308,000
Avail. suites: 51
1—3.5 bd
326—1187 SqFt