Suite number:
The Crimson (Tower E)
Project:
Address:
Markham, Ontario
Developer:
Remington Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
788 sqft
Occupancy Date:
Sep 2025
Price, CAD
$890,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.44%
Cumulative Return on Investment in Year 5
89.45%
Property Price at the End of Year 5
$1,148,000
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 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $588,000 |
| rent income | $19,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $275,000 |
| mortgage principal reduction | $9,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $135,000 |
| deposit interest | $28 | - | - | - | - | - | - | - | - | - | $28 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $99,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $1,022,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $173,000 | - | - | - | - | - | - | - | - | - | $173,000 |
| closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | $9,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $117,000 |
| mortgage payment | $37,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $439,000 |
| total expense investment | $279,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $57,000 | $58,000 | $789,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$180,576 | $28,000 | $32,000 | $36,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $233,000 |
| cumulative roi | $31 | $48 | $63 | $77 | $89 | $101 | $113 | $124 | $135 | $146 | $927 |
Gallery Towers
Address: Markham, Ontario
Price Range: $661,000 - $1,294,000
Avail. suites: 26
1—3 bd
518—2220 SqFt