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
24.76%
Cumulative Return on Investment in Year 5
114.39%
Property Price at the End of Year 5
$1,396,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$54,195
5% in 365 days
$54,195
5% in 723 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 | $715,000 |
| rent income | - | - | $8,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $258,000 |
| mortgage principal reduction | - | - | $3,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $113,000 |
| deposit interest | $3,000 | $8,000 | $6,000 | - | - | - | - | - | - | - | $17,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $59,000 | $68,000 | $103,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $140,000 | $147,000 | $1,127,000 |
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 | - | - | $3,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $104,000 |
| mortgage payment | - | - | $14,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $394,000 |
| total expense investment | $54,000 | $108,000 | $130,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $69,000 | $70,000 | $773,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$40,673 | -$26,455 | $43,000 | $48,000 | $53,000 | $59,000 | $65,000 | $71,000 | $78,000 | $355,000 |
| cumulative roi | $109 | $78 | $84 | $100 | $114 | $127 | $140 | $152 | $164 | $176 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $830,000 - $1,107,000
Avail. suites: 11
0—3.5 bd
425—1233 SqFt