Suite number:
703
Project:
Address:
Markham, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
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
18.56%
Cumulative Return on Investment in Year 5
85.66%
Property Price at the End of Year 5
$3,794,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$441,750
Net Gain (Loss)
Get Expert Advice
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 | $48,000 | $59,000 | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $79,000 | $83,000 | $682,000 |
mortgage principal reduction | $30,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $445,000 |
deposit interest | $965 | - | - | - | - | - | - | - | - | - | $965 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $255,000 | $258,000 | $271,000 | $284,000 | $298,000 | $313,000 | $329,000 | $345,000 | $362,000 | $380,000 | $3,095,000 |
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 | $101,000 | - | - | - | - | - | - | - | - | - | $101,000 |
operating expense | $25,000 | $31,000 | $32,000 | $33,000 | $33,000 | $34,000 | $35,000 | $36,000 | $36,000 | $37,000 | $332,000 |
mortgage payment | $123,000 | $147,000 | $147,000 | $147,000 | $147,000 | $147,000 | $147,000 | $147,000 | $147,000 | $147,000 | $1,450,000 |
total expense investment | $838,000 | $179,000 | $179,000 | $180,000 | $181,000 | $182,000 | $182,000 | $183,000 | $184,000 | $185,000 | $2,472,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$582,464 | $80,000 | $92,000 | $104,000 | $118,000 | $132,000 | $146,000 | $162,000 | $178,000 | $195,000 | $623,000 |
cumulative roi | $27 | $45 | $61 | $74 | $86 | $97 | $107 | $117 | $126 | $136 | $874 |
Royal Bayview
Address: Markham, Ontario
Price Range: $1,830,000 - $2,975,000
Avail. suites: 6
1—2.5 bd
1232—2121 SqFt