Suite number:
PH 11 - PENTHOUSE LOFT C
Project:
Address:
Markham, Ontario
Developer:
Remington Homes
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
1338 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,229,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.69%
Cumulative Return on Investment in Year 5
96.63%
Property Price at the End of Year 5
$1,585,000
Deposit Schedule
$5,000 at Signing
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 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $812,000 |
| rent income | $10,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $434,000 |
| mortgage principal reduction | $4,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $172,000 |
| deposit interest | $179 | - | - | - | - | - | - | - | - | - | $179 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $101,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $163,000 | $170,000 | $179,000 | $1,442,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $241,000 | - | - | - | - | - | - | - | - | - | $241,000 |
| closing cost | $62,000 | - | - | - | - | - | - | - | - | - | $62,000 |
| operating expense | $4,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $178,000 |
| mortgage payment | $15,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $570,000 |
| total expense investment | $327,000 | $79,000 | $80,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $1,055,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$225,857 | $43,000 | $49,000 | $54,000 | $61,000 | $67,000 | $74,000 | $81,000 | $88,000 | $96,000 | $387,000 |
| cumulative roi | $29 | $49 | $67 | $82 | $97 | $110 | $124 | $137 | $150 | $163 | $1,000 |
Gallery Towers
Address: Markham, Ontario
Price Range: $661,000 - $1,294,000
Avail. suites: 26
1—3 bd
518—2220 SqFt