Suite number:
109 - E3-P (Terrazza Collection)
Project:
Address:
Markham, Ontario
Developer:
inCAN Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
533 sqft
Occupancy Date:
Apr 2027
Price, CAD
$739,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.73%
Cumulative Return on Investment in Year 5
98.23%
Property Price at the End of Year 5
$953,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,000
2.5% in 120 days
$18,500
2.5% in 180 days
$18,500
2.5% in 600 days
$18,500
2.5% in 780 days
$18,500
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $488,000 |
rent income | - | - | $8,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $111,000 |
mortgage principal reduction | - | - | $6,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $82,000 |
deposit interest | -$1,160 | $5,000 | $3,000 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $37,000 | $46,000 | $84,000 | $67,000 | $70,000 | $74,000 | $78,000 | $81,000 | $86,000 | $90,000 | $713,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $74,000 | $18,000 | $55,000 | - | - | - | - | - | - | - | $148,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
operating expense | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $64,000 |
mortgage payment | - | - | $25,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $284,000 |
total expense investment | $74,000 | $18,000 | $137,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $548,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,789 | $27,000 | -$53,039 | $22,000 | $25,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $165,000 |
cumulative roi | $52 | $90 | $75 | $88 | $98 | $108 | $117 | $125 | $133 | $141 | $1,000 |
The Unionville
Address: Markham, Ontario
Price Range: $639,000 - $1,949,000
Avail. suites: 40
0—3 bd
373—1321 SqFt