Suite number:
PENTHOUSE SUITE 11 - TOWER 3
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
699 sqft
Occupancy Date:
Sep 2027
Price, CAD
$933,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.91%
Cumulative Return on Investment in Year 5
110.00%
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 | - | - | $3,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $168,000 |
| mortgage principal reduction | - | - | $2,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $100,000 |
| deposit interest | $2,000 | $4,000 | $6,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $55,000 | $89,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $919,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | $23,000 | $117,000 | - | - | - | - | - | - | - | $187,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
| operating expense | - | - | $2,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $82,000 |
| mortgage payment | - | - | $8,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $326,000 |
| total expense investment | $47,000 | $23,000 | $180,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $58,000 | $648,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | $32,000 | -$91,368 | $33,000 | $38,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $271,000 |
| cumulative roi | $108 | $151 | $82 | $97 | $110 | $121 | $132 | $142 | $152 | $161 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $1,097,000
Avail. suites: 17
0—3.5 bd
362—1233 SqFt