Suite number:
1D+D
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
605 sqft
Occupancy Date:
Oct 2027
Price, CAD
$687,200
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.89%
Cumulative Return on Investment in Year 5
115.14%
Property Price at the End of Year 5
$885,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$34,360
2.5% in 180 days
$17,180
2.5% in 365 days
$17,180
2.5% in 545 days
$17,180
2.5% in 730 days
$17,180
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $454,000 |
rent income | - | - | $5,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $175,000 |
mortgage principal reduction | - | - | $2,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $72,000 |
deposit interest | $2,000 | $5,000 | $5,000 | - | - | - | - | - | - | - | $12,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $38,000 | $43,000 | $76,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $737,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $52,000 | $34,000 | $52,000 | - | - | - | - | - | - | - | $137,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
operating expense | - | - | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $63,000 |
mortgage payment | - | - | $9,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $249,000 |
total expense investment | $52,000 | $34,000 | $113,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $500,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$13,712 | $9,000 | -$37,028 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $52,000 | $237,000 |
cumulative roi | $73 | $94 | $84 | $101 | $115 | $129 | $142 | $155 | $168 | $181 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt