Suite number:
Penthouse Suite 09 (Tower 1)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
618 sqft
Occupancy Date:
Sep 2027
Price, CAD
$824,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.18%
Cumulative Return on Investment in Year 5
112.28%
Property Price at the End of Year 5
$1,063,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$20,623
2.5% in 150 days
$20,623
2.5% in 500 days
$20,623
2.5% in 900 days
$20,623
10% on Occupancy
$82,490
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 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $544,000 |
| rent income | - | - | $4,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $178,000 |
| mortgage principal reduction | - | - | $2,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $88,000 |
| deposit interest | $2,000 | $4,000 | $5,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $49,000 | $82,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $845,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $41,000 | $21,000 | $103,000 | - | - | - | - | - | - | - | $165,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $2,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $75,000 |
| mortgage payment | - | - | $7,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $288,000 |
| total expense investment | $41,000 | $21,000 | $163,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $52,000 | $579,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $28,000 | -$81,494 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $265,000 |
| cumulative roi | $108 | $151 | $82 | $98 | $112 | $125 | $137 | $149 | $160 | $172 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $1,097,000
Avail. suites: 17
0—3.5 bd
362—1233 SqFt