Suite number:
PENTHOUSE SUITE 11 - TOWER 3
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
699 sqft
Occupancy Date:
Mar 2028
Price, CAD
$933,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.40%
Cumulative Return on Investment in Year 5
111.99%
Property Price at the End of Year 5
$1,203,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$23,348
2.5% in 150 days
$23,348
2.5% in 500 days
$23,348
2.5% in 900 days
$23,348
10% on Occupancy
$93,390
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 | $48,000 | $51,000 | $54,000 | $57,000 | $59,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $616,000 |
| rent income | - | - | - | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $159,000 |
| mortgage principal reduction | - | - | - | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $91,000 |
| deposit interest | $1,000 | $4,000 | $7,000 | $604 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $55,000 | $61,000 | $108,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $903,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | $23,000 | $23,000 | $93,000 | - | - | - | - | - | - | $187,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | - | $9,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $75,000 |
| mortgage payment | - | - | - | $39,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $320,000 |
| total expense investment | $47,000 | $23,000 | $23,000 | $197,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $637,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $32,000 | $37,000 | -$88,864 | $35,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $266,000 |
| cumulative roi | $107 | $150 | $178 | $100 | $112 | $123 | $133 | $142 | $152 | $161 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $959,000
Avail. suites: 14
0—3.5 bd
362—1233 SqFt