Suite number:
E709
Project:
Address:
Markham, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
826 sqft
Occupancy Date:
Feb 2025
Price, CAD
$1,069,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.24%
Cumulative Return on Investment in Year 5
87.66%
Property Price at the End of Year 5
$1,378,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 9999 days
$160,485
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 | $55,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $706,000 |
| rent income | $22,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $291,000 |
| mortgage principal reduction | $12,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $163,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $114,000 | $97,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $1,185,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $160,000 | - | - | - | - | - | - | - | - | - | $160,000 |
| remaining balance payment | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| closing cost | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | $10,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $123,000 |
| mortgage payment | $49,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $531,000 |
| total expense investment | $332,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $927,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$218,017 | $32,000 | $37,000 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $69,000 | $76,000 | $258,000 |
| cumulative roi | $30 | $47 | $62 | $76 | $88 | $99 | $110 | $120 | $131 | $141 | $904 |
EverHome Markham
Address: Markham, Ontario
Price Range: $770,000 - $1,469,000
Avail. suites: 15
1—3 bd
427—1159 SqFt