Suite number:

1B1-BF

Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
530 sqft
Occupancy Date:
Oct 2027
Price, CAD
$630,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

20.96%

Cumulative Return on Investment in Year 5

102.24%

Property Price at the End of Year 5

$812,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,500
2.5% in 180 days
$15,750
2.5% in 365 days
$15,750
2.5% in 545 days
$15,750
2.5% in 730 days
$15,750
Net Gain (Loss)
Get Expert Advice
Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$33,000$34,000$36,000$38,000$40,000$42,000$44,000$47,000$49,000$52,000$416,000
rent income--$8,000$13,000$13,000$14,000$14,000$15,000$16,000$16,000$110,000
mortgage principal reduction--$5,000$8,000$8,000$9,000$9,000$10,000$10,000$11,000$70,000
deposit interest$2,000$5,000$3,000-------$9,000
gst hst rebate--$24,000-------$24,000
total income return$35,000$39,000$76,000$59,000$62,000$65,000$68,000$72,000$75,000$79,000$629,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$47,000$32,000$47,000-------$126,000
remaining balance payment-----------
closing cost--$50,000-------$50,000
operating expense--$4,000$7,000$7,000$7,000$7,000$7,000$7,000$8,000$54,000
mortgage payment--$21,000$32,000$32,000$32,000$32,000$32,000$32,000$32,000$242,000
total expense investment$47,000$32,000$122,000$38,000$38,000$38,000$39,000$39,000$39,000$39,000$472,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$12,649$8,000-$45,916$21,000$24,000$26,000$29,000$33,000$36,000$40,000$158,000
cumulative roi$73$94$78$91$102$112$122$131$140$148$1,000
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt