Suite number:
109
Project:
Address:
Markham, Ontario
Developer:
Eringate Homes
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1
Size:
869 sqft
Occupancy Date:
Mar 2027
Price, CAD
$979,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.40%
Cumulative Return on Investment in Year 5
96.14%
Property Price at the End of Year 5
$1,262,000
Deposit Schedule
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 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $647,000 |
| rent income | - | - | $12,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $178,000 |
| mortgage principal reduction | - | - | $7,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $108,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $51,000 | $54,000 | $99,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $956,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | $196,000 | - | - | - | - | - | - | - | $196,000 |
| closing cost | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
| operating expense | - | - | $7,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $96,000 |
| mortgage payment | - | - | $29,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $372,000 |
| total expense investment | - | - | $288,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $62,000 | $63,000 | $721,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $51,000 | $54,000 | -$188,831 | $32,000 | $36,000 | $40,000 | $45,000 | $50,000 | $55,000 | $61,000 | $235,000 |
| cumulative roi | - | - | $70 | $84 | $96 | $107 | $117 | $126 | $135 | $144 | $880 |
46 On Main
Address: Markham, Ontario
Price Range: $503,000 - $1,308,000
Avail. suites: 51
1—3.5 bd
326—1187 SqFt