Suite number:
E507
Project:
Address:
Markham, Ontario
Developer:
The Sher Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
667 sqft
Occupancy Date:
Nov 2024
Price, CAD
$899,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
52.37%
Cumulative Return on Investment in Year 5
255.26%
Property Price at the End of Year 5
$1,159,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 300 days
$134,985
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $594,000 |
| rent income | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $296,000 |
| mortgage principal reduction | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $143,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $107,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $1,057,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $113,000 |
| mortgage payment | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $438,000 |
| total expense investment | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $551,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $53,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $59,000 | $65,000 | $70,000 | $507,000 |
| cumulative roi | $307 | $260 | $251 | $251 | $255 | $262 | $270 | $279 | $290 | $302 | $3,000 |
EverHome Markham
Address: Markham, Ontario
Price Range: $770,000 - $1,469,000
Avail. suites: 15
1—3 bd
427—1159 SqFt