Suite number:
223
Project:
Address:
Markham, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1
Size:
1611 sqft
Occupancy Date:
Mar 2025
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.03%
Cumulative Return on Investment in Year 5
89.07%
Property Price at the End of Year 5
$2,113,000
Deposit Schedule
$5 at Signing
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 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $110,000 | $116,000 | $122,000 | $128,000 | $135,000 | $1,082,000 |
| rent income | $25,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $441,000 |
| mortgage principal reduction | $14,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $250,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $149,000 | $150,000 | $158,000 | $165,000 | $173,000 | $182,000 | $191,000 | $200,000 | $210,000 | $220,000 | $1,799,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $246,000 | - | - | - | - | - | - | - | - | - | $246,000 |
| remaining balance payment | $82,000 | - | - | - | - | - | - | - | - | - | $82,000 |
| closing cost | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| operating expense | $15,000 | $22,000 | $23,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $243,000 |
| mortgage payment | $53,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $771,000 |
| total expense investment | $464,000 | $102,000 | $103,000 | $104,000 | $104,000 | $105,000 | $106,000 | $107,000 | $108,000 | $108,000 | $1,411,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$314,610 | $48,000 | $55,000 | $62,000 | $69,000 | $77,000 | $85,000 | $93,000 | $102,000 | $112,000 | $388,000 |
| cumulative roi | $29 | $48 | $63 | $77 | $89 | $100 | $111 | $121 | $131 | $141 | $910 |
Royal Bayview
Address: Markham, Ontario
Price Range: $1,830,000 - $3,200,000
Avail. suites: 7
1—2.5 bd
1232—2121 SqFt