Suite number:
07(BF) (Tower 1)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
889 sqft
Occupancy Date:
Sep 2027
$1,074,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.28%
Cumulative Return on Investment in Year 5
115.19%
Property Price at the End of Year 5
$1,385,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$26,873
2.5% in 150 days
$26,873
2.5% in 500 days
$26,873
2.5% in 900 days
$26,873
10% on Occupancy
$107,490
Net Gain (Loss)
Get Expert Advice
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 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $709,000 |
rent income | - | - | $5,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $256,000 |
mortgage principal reduction | - | - | $2,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $115,000 |
deposit interest | $2,000 | $5,000 | $7,000 | - | - | - | - | - | - | - | $14,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $58,000 | $64,000 | $100,000 | $110,000 | $116,000 | $121,000 | $127,000 | $134,000 | $140,000 | $147,000 | $1,117,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $54,000 | $27,000 | $134,000 | - | - | - | - | - | - | - | $215,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
operating expense | - | - | $2,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $105,000 |
mortgage payment | - | - | $9,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $375,000 |
total expense investment | $54,000 | $27,000 | $202,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $68,000 | $68,000 | $752,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | $37,000 | -$102,382 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $72,000 | $79,000 | $366,000 |
cumulative roi | $108 | $151 | $83 | $100 | $115 | $129 | $142 | $155 | $167 | $180 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $1,097,000
Avail. suites: 17
0—3.5 bd
362—1233 SqFt