Suite number:
103 - The Emerald (Tower E)
Project:
Address:
Markham, Ontario
Developer:
Remington Homes
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1438 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,293,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.77%
Cumulative Return on Investment in Year 5
103.28%
Property Price at the End of Year 5
$1,667,000
Deposit Schedule
$5,000 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 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $854,000 |
rent income | $42,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $599,000 |
mortgage principal reduction | $13,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $195,000 |
deposit interest | $28 | - | - | - | - | - | - | - | - | - | $28 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $146,000 | $139,000 | $146,000 | $153,000 | $161,000 | $168,000 | $176,000 | $185,000 | $194,000 | $203,000 | $1,673,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $254,000 | - | - | - | - | - | - | - | - | - | $254,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $16,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $212,000 |
mortgage payment | $54,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $637,000 |
total expense investment | $392,000 | $85,000 | $85,000 | $86,000 | $86,000 | $87,000 | $87,000 | $88,000 | $88,000 | $89,000 | $1,171,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$245,602 | $55,000 | $61,000 | $68,000 | $75,000 | $82,000 | $89,000 | $97,000 | $106,000 | $115,000 | $501,000 |
cumulative roi | $30 | $51 | $69 | $87 | $103 | $120 | $136 | $153 | $170 | $189 | $1,000 |
Gallery Towers
Address: Markham, Ontario
Price Range: $661,000 - $1,294,000
Avail. suites: 26
1—3 bd
518—2220 SqFt