Suite number:
SUITE 06 (Tower 2)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
725 sqft
Occupancy Date:
Mar 2028
Price, CAD
$927,900
Available
ROI
14,74%
Monthly Expenses
- condo fees— $486
- property taxes— $232
- property management— $109
- repairs and maintenance— $54
Total: $881
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.47%
Cumulative Return on Investment in Year 5
112.34%
Property Price at the End of Year 5
$1,195,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$23,198
2.5% in 150 days
$23,198
2.5% in 500 days
$23,198
2.5% in 900 days
$23,198
10% on Occupancy
$92,790
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $612,000 |
| rent income | - | - | - | $18,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $164,000 |
| mortgage principal reduction | - | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $90,000 |
| deposit interest | $1,000 | $4,000 | $7,000 | $600 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $55,000 | $60,000 | $108,000 | $93,000 | $98,000 | $102,000 | $107,000 | $113,000 | $118,000 | $904,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | $23,000 | $23,000 | $93,000 | - | - | - | - | - | - | $186,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | - | $9,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $77,000 |
| mortgage payment | - | - | - | $39,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $318,000 |
| total expense investment | $46,000 | $23,000 | $23,000 | $196,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $636,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $32,000 | $37,000 | -$87,906 | $36,000 | $40,000 | $45,000 | $49,000 | $55,000 | $60,000 | $268,000 |
| cumulative roi | $107 | $150 | $178 | $100 | $112 | $123 | $134 | $143 | $153 | $162 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $799,000 - $959,000
Avail. suites: 14
0—3.5 bd
362—1233 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.