Suite number:
1C
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
544 sqft
Occupancy Date:
Jun 2028
Price, CAD
$655,300
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.47%
Cumulative Return on Investment in Year 5
114.62%
Property Price at the End of Year 5
$844,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$32,765
2.5% in 180 days
$16,383
2.5% in 365 days
$16,383
2.5% in 545 days
$16,383
2.5% in 730 days
$16,383
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $432,000 |
| rent income | - | - | - | $6,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $93,000 |
| mortgage principal reduction | - | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $62,000 |
| deposit interest | -$3,826 | $5,000 | $6,000 | $3,000 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $30,000 | $41,000 | $44,000 | $77,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $622,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | $33,000 | $16,000 | $33,000 | - | - | - | - | - | - | $131,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $48,000 |
| mortgage payment | - | - | - | $16,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $207,000 |
| total expense investment | $49,000 | $33,000 | $16,000 | $101,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $435,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$18,995 | $8,000 | $28,000 | -$23,886 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $188,000 |
| cumulative roi | $69 | $87 | $117 | $103 | $115 | $125 | $134 | $143 | $152 | $161 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt