Suite number:
1B2-BF
Project:
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
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.48%
Cumulative Return on Investment in Year 5
98.43%
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 | - | - | $9,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $111,000 |
| mortgage principal reduction | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $72,000 |
| deposit interest | -$1,650 | $5,000 | $2,000 | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $40,000 | $78,000 | $60,000 | $62,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $633,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | $32,000 | $48,000 | - | - | - | - | - | - | - | $127,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $55,000 |
| mortgage payment | - | - | $24,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $247,000 |
| total expense investment | $48,000 | $32,000 | $126,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $479,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$16,396 | $8,000 | -$48,024 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $154,000 |
| cumulative roi | $69 | $89 | $74 | $87 | $98 | $109 | $118 | $127 | $136 | $145 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt