Suite number:
N108
Project:
Address:
Markham, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
988 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,235,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.56%
Cumulative Return on Investment in Year 5
88.51%
Property Price at the End of Year 5
$1,592,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 9999 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 | $26,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $348,000 |
| mortgage principal reduction | $14,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $189,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $129,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $144,000 | $151,000 | $159,000 | $167,000 | $1,377,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $185,000 | - | - | - | - | - | - | - | - | - | $185,000 |
| remaining balance payment | $62,000 | - | - | - | - | - | - | - | - | - | $62,000 |
| closing cost | $62,000 | - | - | - | - | - | - | - | - | - | $62,000 |
| operating expense | $12,000 | $14,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $146,000 |
| mortgage payment | $57,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $614,000 |
| total expense investment | $378,000 | $75,000 | $76,000 | $76,000 | $76,000 | $77,000 | $77,000 | $77,000 | $78,000 | $78,000 | $1,069,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$249,222 | $38,000 | $43,000 | $49,000 | $55,000 | $61,000 | $67,000 | $74,000 | $81,000 | $89,000 | $308,000 |
| cumulative roi | $29 | $47 | $63 | $76 | $89 | $100 | $111 | $122 | $133 | $144 | $914 |
EverHome Markham
Address: Markham, Ontario
Price Range: $770,000 - $1,469,000
Avail. suites: 15
1—3 bd
427—1159 SqFt