Suite number:
215 - C1C-B
Project:
Address:
Markham, Ontario
Developer:
inCAN Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1
Size:
679 sqft
Occupancy Date:
Apr 2028
Price, CAD
$797,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.30%
Cumulative Return on Investment in Year 5
104.34%
Property Price at the End of Year 5
$1,028,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$39,900
2.5% in 120 days
$19,950
2.5% in 180 days
$19,950
2.5% in 600 days
$19,950
2.5% in 780 days
$19,950
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $527,000 |
rent income | - | - | $4,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $132,000 |
mortgage principal reduction | - | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $83,000 |
deposit interest | -$2,072 | $6,000 | $6,000 | - | - | - | - | - | - | - | $10,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $50,000 | $82,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $776,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $80,000 | $20,000 | $60,000 | - | - | - | - | - | - | - | $160,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
operating expense | - | - | $2,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $74,000 |
mortgage payment | - | - | $10,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $290,000 |
total expense investment | $80,000 | $20,000 | $125,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $576,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$40,375 | $30,000 | -$42,933 | $25,000 | $28,000 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $200,000 |
cumulative roi | $52 | $89 | $80 | $93 | $104 | $114 | $123 | $132 | $141 | $149 | $1,000 |
The Unionville
Address: Markham, Ontario
Price Range: $722,000 - $1,949,000
Avail. suites: 28
0—3.5 bd
373—1503 SqFt