Suite number:
108
Project:
Address:
Markham, Ontario
Developer:
Eringate Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
326 sqft
Occupancy Date:
Mar 2027
Price, CAD
$502,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.06%
Cumulative Return on Investment in Year 5
91.41%
Property Price at the End of Year 5
$648,000
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 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $332,000 |
| rent income | - | - | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $67,000 |
| mortgage principal reduction | - | - | $4,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $55,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $26,000 | $28,000 | $61,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $478,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | $101,000 | - | - | - | - | - | - | - | $101,000 |
| closing cost | - | - | $47,000 | - | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | $3,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $39,000 |
| mortgage payment | - | - | $15,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $191,000 |
| total expense investment | - | - | $165,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $378,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $26,000 | $28,000 | -$104,151 | $15,000 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $100,000 |
| cumulative roi | - | - | $69 | $81 | $91 | $101 | $109 | $117 | $125 | $133 | $827 |
46 On Main
Address: Markham, Ontario
Price Range: $503,000 - $1,308,000
Avail. suites: 51
1—3.5 bd
326—1187 SqFt