Suite number:
SUITE 06(BF) - TOWER 2
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
779 sqft
Occupancy Date:
Mar 2028
Price, CAD
$938,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.63%
Cumulative Return on Investment in Year 5
113.00%
Property Price at the End of Year 5
$1,210,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$23,473
2.5% in 150 days
$23,473
2.5% in 500 days
$23,473
2.5% in 900 days
$23,473
10% on Occupancy
$93,890
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $620,000 |
| rent income | - | - | - | $19,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $177,000 |
| mortgage principal reduction | - | - | - | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $91,000 |
| deposit interest | $1,000 | $4,000 | $7,000 | $607 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $56,000 | $61,000 | $110,000 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $925,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | $23,000 | $23,000 | $94,000 | - | - | - | - | - | - | $188,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | - | $9,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $82,000 |
| mortgage payment | - | - | - | $39,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $321,000 |
| total expense investment | $47,000 | $23,000 | $23,000 | $198,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $647,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $32,000 | $37,000 | -$88,094 | $37,000 | $41,000 | $46,000 | $51,000 | $56,000 | $62,000 | $278,000 |
| cumulative roi | $107 | $150 | $178 | $100 | $113 | $124 | $135 | $145 | $155 | $165 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $959,000
Avail. suites: 14
0—3.5 bd
362—1233 SqFt