Suite number:
04(BF) (Tower 1)
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
752 sqft
Occupancy Date:
Mar 2028
Price, CAD
$915,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.85%
Cumulative Return on Investment in Year 5
110.74%
Property Price at the End of Year 5
$1,180,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$45,795
5% in 365 days
$45,795
5% in 647 days
$45,795
5% on Occupancy
$45,795
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 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $605,000 |
rent income | - | - | $9,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $221,000 |
mortgage principal reduction | - | - | $4,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $97,000 |
deposit interest | -$3 | $7,000 | $4,000 | - | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $48,000 | $57,000 | $93,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $958,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $46,000 | $92,000 | $46,000 | - | - | - | - | - | - | - | $183,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
operating expense | - | - | $4,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $89,000 |
mortgage payment | - | - | $15,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $336,000 |
total expense investment | $46,000 | $92,000 | $120,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $664,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$34,353 | -$26,762 | $36,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $294,000 |
cumulative roi | $104 | $76 | $81 | $97 | $111 | $124 | $136 | $148 | $160 | $172 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $896,000 - $1,096,000
Avail. suites: 9
0—3.5 bd
425—1233 SqFt