Suite number:
A-PH-07 - 2D+D
Project:
Address:
Markham, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1381 sqft
Occupancy Date:
Nov 2024
Price, CAD
$1,383,800
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.11%
Cumulative Return on Investment in Year 5
157.93%
Property Price at the End of Year 5
$1,783,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 10209 days
$276,760
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 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $913,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $223,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $115,000 | $94,000 | $99,000 | $104,000 | $110,000 | $115,000 | $121,000 | $127,000 | $134,000 | $140,000 | $1,160,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $673,000 |
| total expense investment | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $673,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $48,000 | $27,000 | $32,000 | $37,000 | $42,000 | $48,000 | $54,000 | $60,000 | $66,000 | $73,000 | $487,000 |
| cumulative roi | $187 | $162 | $157 | $157 | $158 | $160 | $163 | $166 | $170 | $174 | $2,000 |
Joy Station Condos
Address: Markham, Ontario
Price Range: $590,000 - $1,489,000
Avail. suites: 16
1—4 bd
486—1848 SqFt