Suite number:

1B2-BF

Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
530 sqft
Occupancy Date:
Oct 2027
Price, CAD
$637,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

22.08%

Cumulative Return on Investment in Year 5

107.21%

Property Price at the End of Year 5

$821,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,850
2.5% in 180 days
$15,925
2.5% in 365 days
$15,925
2.5% in 545 days
$15,925
2.5% in 730 days
$15,925
Net Gain (Loss)
Get Expert Advice
Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$33,000$35,000$37,000$39,000$41,000$43,000$45,000$47,000$50,000$52,000$421,000
rent income--$3,000$13,000$13,000$14,000$14,000$15,000$15,000$16,000$103,000
mortgage principal reduction--$2,000$8,000$8,000$9,000$9,000$10,000$10,000$11,000$66,000
deposit interest$2,000$5,000$5,000-------$11,000
gst hst rebate--$24,000-------$24,000
total income return$35,000$40,000$70,000$59,000$62,000$65,000$68,000$72,000$75,000$79,000$625,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$48,000$32,000$48,000-------$127,000
remaining balance payment-----------
closing cost--$50,000-------$50,000
operating expense--$2,000$7,000$7,000$7,000$7,000$7,000$7,000$8,000$51,000
mortgage payment--$8,000$32,000$32,000$32,000$32,000$32,000$32,000$32,000$231,000
total expense investment$48,000$32,000$107,000$38,000$39,000$39,000$39,000$39,000$39,000$39,000$459,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$12,709$8,000-$36,847$21,000$23,000$26,000$29,000$33,000$36,000$40,000$166,000
cumulative roi$73$94$84$96$107$117$126$135$144$152$1,000
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt