Suite number:
209 - B7
Project:
Address:
Markham, Ontario
Developer:
inCAN Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
620 sqft
Occupancy Date:
Apr 2028
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.12%
Cumulative Return on Investment in Year 5
114.93%
Property Price at the End of Year 5
$1,032,000
Deposit Schedule
$10,000 at Signing
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 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $529,000 |
| rent income | - | - | $4,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $177,000 |
| mortgage principal reduction | - | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $82,000 |
| deposit interest | $3,000 | $6,000 | $7,000 | - | - | - | - | - | - | - | $16,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $45,000 | $50,000 | $82,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $828,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $80,000 | $20,000 | $60,000 | - | - | - | - | - | - | - | $160,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | - | $2,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $74,000 |
| mortgage payment | - | - | $7,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $287,000 |
| total expense investment | $80,000 | $20,000 | $121,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $574,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$35,223 | $30,000 | -$39,454 | $31,000 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $254,000 |
| cumulative roi | $56 | $94 | $87 | $102 | $115 | $127 | $139 | $150 | $161 | $172 | $1,000 |
The Unionville
Address: Markham, Ontario
Price Range: $722,000 - $1,949,000
Avail. suites: 28
0—3.5 bd
373—1503 SqFt