Suite number:
N108
Project:
Address:
Markham, Ontario
Developer:
The Sher Corporation
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
988 sqft
Occupancy Date:
Nov 2024
Price, CAD
$1,235,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
47.49%
Cumulative Return on Investment in Year 5
227.13%
Property Price at the End of Year 5
$1,592,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 10149 days
$185,385
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 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $816,000 |
| rent income | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $366,000 |
| mortgage principal reduction | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $197,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $134,000 | $116,000 | $121,000 | $127,000 | $133,000 | $140,000 | $147,000 | $154,000 | $161,000 | $169,000 | $1,402,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $158,000 |
| mortgage payment | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $601,000 |
| total expense investment | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $78,000 | $759,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $60,000 | $41,000 | $47,000 | $52,000 | $58,000 | $64,000 | $70,000 | $77,000 | $84,000 | $91,000 | $643,000 |
| cumulative roi | $260 | $227 | $222 | $223 | $227 | $233 | $240 | $248 | $257 | $266 | $2,000 |
EverHome Markham
Address: Markham, Ontario
Price Range: $770,000 - $1,469,000
Avail. suites: 15
1—3 bd
427—1159 SqFt