Suite number:
703
Project:
Address:
Markham, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1954 sqft
Occupancy Date:
Mar 2025
Price, CAD
$2,945,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.11%
Cumulative Return on Investment in Year 5
92.44%
Property Price at the End of Year 5
$3,794,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10634 days
$441,750
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 | $153,000 | $161,000 | $169,000 | $178,000 | $188,000 | $197,000 | $208,000 | $218,000 | $230,000 | $242,000 | $1,944,000 |
| rent income | $46,000 | $71,000 | $74,000 | $77,000 | $80,000 | $83,000 | $87,000 | $91,000 | $95,000 | $99,000 | $802,000 |
| mortgage principal reduction | $25,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $450,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $250,000 | $271,000 | $284,000 | $298,000 | $312,000 | $328,000 | $344,000 | $360,000 | $378,000 | $397,000 | $3,221,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $442,000 | - | - | - | - | - | - | - | - | - | $442,000 |
| remaining balance payment | $147,000 | - | - | - | - | - | - | - | - | - | $147,000 |
| closing cost | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
| operating expense | $21,000 | $32,000 | $33,000 | $34,000 | $35,000 | $37,000 | $38,000 | $39,000 | $40,000 | $41,000 | $351,000 |
| mortgage payment | $96,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $143,000 | $1,385,000 |
| total expense investment | $805,000 | $175,000 | $177,000 | $178,000 | $179,000 | $180,000 | $181,000 | $182,000 | $183,000 | $185,000 | $2,424,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$555,046 | $95,000 | $107,000 | $120,000 | $134,000 | $148,000 | $163,000 | $178,000 | $195,000 | $212,000 | $797,000 |
| cumulative roi | $27 | $47 | $64 | $79 | $92 | $105 | $117 | $128 | $139 | $150 | $949 |
Royal Bayview
Address: Markham, Ontario
Price Range: $1,830,000 - $3,200,000
Avail. suites: 7
1—2.5 bd
1232—2121 SqFt