Suite number:
418
Project:
Address:
Markham, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
3
Bedrooms:
2.5
Size:
2121 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
20.10%
Cumulative Return on Investment in Year 5
92.24%
Property Price at the End of Year 5
$4,174,000
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 | $168,000 | $177,000 | $186,000 | $196,000 | $206,000 | $217,000 | $228,000 | $240,000 | $253,000 | $266,000 | $2,138,000 |
| rent income | $50,000 | $77,000 | $80,000 | $83,000 | $87,000 | $91,000 | $95,000 | $99,000 | $103,000 | $107,000 | $870,000 |
| mortgage principal reduction | $28,000 | $43,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $56,000 | $59,000 | $62,000 | $495,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $272,000 | $297,000 | $311,000 | $327,000 | $343,000 | $359,000 | $377,000 | $395,000 | $415,000 | $435,000 | $3,530,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $486,000 | - | - | - | - | - | - | - | - | - | $486,000 |
| remaining balance payment | $162,000 | - | - | - | - | - | - | - | - | - | $162,000 |
| closing cost | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| operating expense | $23,000 | $35,000 | $36,000 | $37,000 | $39,000 | $40,000 | $41,000 | $42,000 | $44,000 | $45,000 | $383,000 |
| mortgage payment | $105,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $1,523,000 |
| total expense investment | $882,000 | $193,000 | $194,000 | $195,000 | $196,000 | $197,000 | $199,000 | $200,000 | $201,000 | $203,000 | $2,660,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$610,623 | $104,000 | $118,000 | $132,000 | $146,000 | $162,000 | $178,000 | $195,000 | $213,000 | $232,000 | $869,000 |
| cumulative roi | $27 | $47 | $64 | $79 | $92 | $105 | $116 | $128 | $139 | $150 | $946 |
Royal Bayview
Address: Markham, Ontario
Price Range: $1,830,000 - $3,200,000
Avail. suites: 7
1—2.5 bd
1232—2121 SqFt