Suite number:
Plan 07 (Tower 1)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
889 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,095,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.31%
Cumulative Return on Investment in Year 5
111.51%
Property Price at the End of Year 5
$1,412,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$54,795
5% in 365 days
$54,795
5% in 647 days
$54,795
5% on Occupancy
$54,795
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 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $724,000 |
| rent income | - | - | $10,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $261,000 |
| mortgage principal reduction | - | - | $4,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $116,000 |
| deposit interest | -$3 | $9,000 | $5,000 | - | - | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $57,000 | $68,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $149,000 | $1,138,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | $110,000 | $55,000 | - | - | - | - | - | - | - | $219,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $59,000 | - | - | - | - | - | - | - | $59,000 |
| operating expense | - | - | $4,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $105,000 |
| mortgage payment | - | - | $18,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $402,000 |
| total expense investment | $55,000 | $110,000 | $136,000 | $68,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $70,000 | $786,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$41,104 | -$29,556 | $43,000 | $48,000 | $54,000 | $60,000 | $66,000 | $72,000 | $78,000 | $352,000 |
| cumulative roi | $104 | $76 | $81 | $97 | $112 | $125 | $137 | $149 | $161 | $173 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $896,000 - $1,096,000
Avail. suites: 9
0—3.5 bd
425—1233 SqFt