Suite number:
A-PH-02 - 2E+D
Project:
Address:
Markham, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1465 sqft
Occupancy Date:
Nov 2024
Price, CAD
$1,428,800
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.11%
Cumulative Return on Investment in Year 5
157.70%
Property Price at the End of Year 5
$1,841,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 10209 days
$285,760
Net Gain (Loss)
Get Expert Advice
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 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $943,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $20,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $230,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $118,000 | $98,000 | $102,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $138,000 | $145,000 | $1,197,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $695,000 |
| total expense investment | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $695,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $49,000 | $28,000 | $33,000 | $38,000 | $44,000 | $49,000 | $55,000 | $62,000 | $68,000 | $75,000 | $502,000 |
| cumulative roi | $185 | $162 | $157 | $156 | $158 | $160 | $163 | $166 | $170 | $174 | $2,000 |
Joy Station Condos
Address: Markham, Ontario
Price Range: $590,000 - $1,489,000
Avail. suites: 16
1—4 bd
486—1848 SqFt