Suite number:
E210
Project:
Address:
Markham, Ontario
Developer:
The Sher Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
975 sqft
Occupancy Date:
Nov 2024
Price, CAD
$1,189,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
56.47%
Cumulative Return on Investment in Year 5
270.64%
Property Price at the End of Year 5
$1,533,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 300 days
$178,485
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 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $785,000 |
| rent income | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $433,000 |
| mortgage principal reduction | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $190,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $137,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $157,000 | $165,000 | $173,000 | $1,432,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $161,000 |
| mortgage payment | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $579,000 |
| total expense investment | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $740,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $65,000 | $46,000 | $51,000 | $57,000 | $63,000 | $69,000 | $75,000 | $82,000 | $89,000 | $96,000 | $692,000 |
| cumulative roi | $304 | $267 | $261 | $264 | $271 | $279 | $290 | $301 | $314 | $329 | $3,000 |
EverHome Markham
Address: Markham, Ontario
Price Range: $770,000 - $1,469,000
Avail. suites: 15
1—3 bd
427—1159 SqFt