Suite number:

PH 13 - PENTHOUSE LOFT A

Address:
Markham, Ontario
Developer:
Remington Homes
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
1218 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,211,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

20.87%

Cumulative Return on Investment in Year 5

99.38%

Property Price at the End of Year 5

$1,561,000

Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 0 days
$30,300
7.5% on Occupancy
$90,899
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$63,000$66,000$70,000$73,000$77,000$81,000$85,000$90,000$95,000$99,000$800,000
rent income$30,000$37,000$38,000$40,000$42,000$44,000$46,000$48,000$50,000$52,000$425,000
mortgage principal reduction$13,000$16,000$17,000$18,000$19,000$19,000$20,000$21,000$22,000$23,000$189,000
deposit interest$28---------$28
gst hst rebate$24,000---------$24,000
total income return$130,000$119,000$125,000$131,000$138,000$144,000$151,000$159,000$166,000$174,000$1,438,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$121,000---------$121,000
remaining balance payment$121,000---------$121,000
closing cost$60,000---------$60,000
operating expense$13,000$17,000$17,000$18,000$18,000$19,000$19,000$20,000$21,000$21,000$183,000
mortgage payment$49,000$59,000$59,000$59,000$59,000$59,000$59,000$59,000$59,000$59,000$580,000
total expense investment$365,000$76,000$76,000$77,000$77,000$78,000$78,000$79,000$80,000$80,000$1,065,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$235,138$44,000$49,000$55,000$60,000$67,000$73,000$80,000$87,000$94,000$373,000
cumulative roi$32$52$70$85$99$113$126$139$152$165$1,000
Gallery Towers
Address: Markham, Ontario
Price Range: $661,000 - $1,705,000
Avail. suites: 29
1—3 bd
518—2220 SqFt