Suite number:
201 - A3-A
Project:
Address:
Markham, Ontario
Developer:
inCAN Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
560 sqft
Occupancy Date:
Apr 2028
Price, CAD
$756,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.65%
Cumulative Return on Investment in Year 5
108.52%
Property Price at the End of Year 5
$975,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,850
2.5% in 120 days
$18,925
2.5% in 180 days
$18,925
2.5% in 600 days
$18,925
2.5% in 780 days
$18,925
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 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $500,000 |
rent income | - | - | $2,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $107,000 |
mortgage principal reduction | - | - | $2,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $78,000 |
deposit interest | $3,000 | $6,000 | $6,000 | - | - | - | - | - | - | - | $15,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $47,000 | $78,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $724,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $76,000 | $19,000 | $57,000 | - | - | - | - | - | - | - | $151,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
operating expense | - | - | $1,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $62,000 |
mortgage payment | - | - | $6,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $272,000 |
total expense investment | $76,000 | $19,000 | $117,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $538,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$33,286 | $28,000 | -$38,849 | $22,000 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $186,000 |
cumulative roi | $56 | $94 | $86 | $98 | $109 | $118 | $126 | $134 | $142 | $150 | $1,000 |
The Unionville
Address: Markham, Ontario
Price Range: $639,000 - $1,949,000
Avail. suites: 37
0—3.5 bd
373—1503 SqFt