Suite number:
108 - C14-P3 (Terrazza Collection)
Project:
Address:
Markham, Ontario
Developer:
inCAN Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
580 sqft
Occupancy Date:
Apr 2027
$808,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.31%
Cumulative Return on Investment in Year 5
110.96%
Property Price at the End of Year 5
$1,042,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$40,450
2.5% in 120 days
$20,225
2.5% in 180 days
$20,225
2.5% in 600 days
$20,225
2.5% in 780 days
$20,225
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $534,000 |
rent income | - | - | $12,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $178,000 |
mortgage principal reduction | - | - | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $92,000 |
deposit interest | $3,000 | $6,000 | $4,000 | - | - | - | - | - | - | - | $13,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $45,000 | $50,000 | $92,000 | $81,000 | $84,000 | $89,000 | $93,000 | $98,000 | $102,000 | $107,000 | $842,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $81,000 | $20,000 | $61,000 | - | - | - | - | - | - | - | $162,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
operating expense | - | - | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $77,000 |
mortgage payment | - | - | $23,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $298,000 |
total expense investment | $81,000 | $20,000 | $141,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $589,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$35,585 | $30,000 | -$48,107 | $32,000 | $36,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $253,000 |
cumulative roi | $56 | $94 | $82 | $97 | $111 | $123 | $135 | $146 | $157 | $168 | $1,000 |
The Unionville
Address: Markham, Ontario
Price Range: $639,000 - $1,949,000
Avail. suites: 40
0—3 bd
373—1321 SqFt