Suite number:
1J+F
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
650 sqft
Occupancy Date:
Jun 2028
$726,500
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
28.02%
Cumulative Return on Investment in Year 5
131.66%
Property Price at the End of Year 5
$936,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$36,325
2.5% in 180 days
$18,163
2.5% in 365 days
$18,163
2.5% in 545 days
$18,163
2.5% in 730 days
$18,163
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $479,000 |
rent income | - | - | - | $10,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $165,000 |
mortgage principal reduction | - | - | - | $4,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $73,000 |
deposit interest | $2,000 | $6,000 | $7,000 | $3,000 | - | - | - | - | - | - | $18,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $45,000 | $49,000 | $85,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $760,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $54,000 | $36,000 | $18,000 | $36,000 | - | - | - | - | - | - | $145,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
operating expense | - | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $60,000 |
mortgage payment | - | - | - | $14,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $214,000 |
total expense investment | $54,000 | $36,000 | $18,000 | $104,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $469,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$14,595 | $9,000 | $31,000 | -$18,873 | $38,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $291,000 |
cumulative roi | $73 | $94 | $123 | $114 | $132 | $148 | $163 | $179 | $194 | $209 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 29
1—3 bd
530—1099 SqFt