Suite number:
223 - B6
Project:
Address:
Markham, Ontario
Developer:
inCAN Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
582 sqft
Occupancy Date:
Apr 2028
Price, CAD
$778,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.95%
Cumulative Return on Investment in Year 5
114.44%
Property Price at the End of Year 5
$1,004,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$38,950
2.5% in 120 days
$19,475
2.5% in 180 days
$19,475
2.5% in 600 days
$19,475
2.5% in 780 days
$19,475
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $514,000 |
rent income | - | - | $3,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $167,000 |
mortgage principal reduction | - | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $80,000 |
deposit interest | $3,000 | $6,000 | $7,000 | - | - | - | - | - | - | - | $16,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $44,000 | $48,000 | $80,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $800,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $78,000 | $19,000 | $58,000 | - | - | - | - | - | - | - | $156,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
operating expense | - | - | $2,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $70,000 |
mortgage payment | - | - | $7,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $280,000 |
total expense investment | $78,000 | $19,000 | $119,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $558,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$34,254 | $29,000 | -$38,576 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $243,000 |
cumulative roi | $56 | $94 | $87 | $101 | $114 | $126 | $138 | $148 | $159 | $170 | $1,000 |
The Unionville
Address: Markham, Ontario
Price Range: $639,000 - $1,949,000
Avail. suites: 37
0—3.5 bd
373—1503 SqFt