Suite number:
A-PH-01 - 2C+D
Project:
Address:
Markham, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1112 sqft
Occupancy Date:
Nov 2024
Price, CAD
$1,065,800
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.11%
Cumulative Return on Investment in Year 5
160.09%
Property Price at the End of Year 5
$1,373,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 10209 days
$213,160
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 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $703,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $15,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $172,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $94,000 | $73,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $899,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $518,000 |
| total expense investment | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $518,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $42,000 | $21,000 | $25,000 | $28,000 | $33,000 | $37,000 | $41,000 | $46,000 | $51,000 | $56,000 | $380,000 |
| cumulative roi | $198 | $168 | $161 | $159 | $160 | $162 | $165 | $168 | $171 | $175 | $2,000 |
Joy Station Condos
Address: Markham, Ontario
Price Range: $590,000 - $1,489,000
Avail. suites: 16
1—4 bd
486—1848 SqFt