Suite number:
E311
Project:
Address:
Markham, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
847 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,059,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.35%
Cumulative Return on Investment in Year 5
88.23%
Property Price at the End of Year 5
$1,365,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 9999 days
$158,985
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 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $699,000 |
| rent income | $23,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $299,000 |
| mortgage principal reduction | $12,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $162,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $114,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $1,184,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $159,000 | - | - | - | - | - | - | - | - | - | $159,000 |
| remaining balance payment | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| closing cost | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | $10,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $125,000 |
| mortgage payment | $49,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $526,000 |
| total expense investment | $329,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $922,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$215,585 | $33,000 | $37,000 | $42,000 | $47,000 | $52,000 | $58,000 | $63,000 | $70,000 | $76,000 | $262,000 |
| cumulative roi | $30 | $48 | $63 | $76 | $88 | $100 | $111 | $122 | $132 | $143 | $911 |
EverHome Markham
Address: Markham, Ontario
Price Range: $770,000 - $1,469,000
Avail. suites: 15
1—3 bd
427—1159 SqFt