Suite number:
07 (BF) -Tower 1
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
889 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,083,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.32%
Cumulative Return on Investment in Year 5
111.63%
Property Price at the End of Year 5
$1,397,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$54,195
5% in 365 days
$54,195
5% in 647 days
$54,195
5% on Occupancy
$54,195
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 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $85,000 | $89,000 | $716,000 |
rent income | - | - | $10,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $261,000 |
mortgage principal reduction | - | - | $4,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $115,000 |
deposit interest | -$3 | $8,000 | $5,000 | - | - | - | - | - | - | - | $13,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $56,000 | $68,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $1,129,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $54,000 | $108,000 | $54,000 | - | - | - | - | - | - | - | $217,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $59,000 | - | - | - | - | - | - | - | $59,000 |
operating expense | - | - | $4,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $105,000 |
mortgage payment | - | - | $18,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $398,000 |
total expense investment | $54,000 | $108,000 | $135,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $69,000 | $70,000 | $778,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$40,654 | -$29,298 | $43,000 | $48,000 | $54,000 | $59,000 | $65,000 | $71,000 | $78,000 | $350,000 |
cumulative roi | $104 | $76 | $81 | $97 | $112 | $125 | $137 | $149 | $161 | $173 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $896,000 - $1,096,000
Avail. suites: 9
0—3.5 bd
425—1233 SqFt