Suite number:
Penthouse Suite 09 (Tower 1)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
618 sqft
Occupancy Date:
Mar 2028
Price, CAD
$824,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.53%
Cumulative Return on Investment in Year 5
113.67%
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 | - | - | - | $18,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $167,000 |
| mortgage principal reduction | - | - | - | $8,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $80,000 |
| deposit interest | $1,000 | $4,000 | $6,000 | $534 | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $49,000 | $53,000 | $101,000 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $828,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $41,000 | $21,000 | $21,000 | $82,000 | - | - | - | - | - | - | $165,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $53,000 | - | - | - | - | - | - | $53,000 |
| operating expense | - | - | - | $8,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $69,000 |
| mortgage payment | - | - | - | $34,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $282,000 |
| total expense investment | $41,000 | $21,000 | $21,000 | $178,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $570,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $28,000 | $33,000 | -$77,356 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $57,000 | $258,000 |
| cumulative roi | $107 | $150 | $178 | $100 | $114 | $126 | $137 | $148 | $159 | $170 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $959,000
Avail. suites: 14
0—3.5 bd
362—1233 SqFt