Suite number:
1B2-BF
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
530 sqft
Occupancy Date:
Jun 2028
Price, CAD
$637,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.82%
Cumulative Return on Investment in Year 5
112.39%
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)
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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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $420,000 |
| rent income | - | - | - | $6,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $91,000 |
| mortgage principal reduction | - | - | - | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $58,000 |
| deposit interest | -$3,624 | $5,000 | $6,000 | $2,000 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $29,000 | $40,000 | $43,000 | $75,000 | $61,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $603,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | $32,000 | $16,000 | $32,000 | - | - | - | - | - | - | $127,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $45,000 |
| mortgage payment | - | - | - | $16,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $207,000 |
| total expense investment | $48,000 | $32,000 | $16,000 | $101,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $430,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$18,369 | $8,000 | $27,000 | -$25,954 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $174,000 |
| cumulative roi | $69 | $87 | $117 | $101 | $112 | $122 | $131 | $140 | $148 | $157 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt