Suite number:
B-103 - 2J
Project:
Address:
Markham, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
756 sqft
Occupancy Date:
Apr 2026
Price, CAD
$718,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.30%
Cumulative Return on Investment in Year 5
94.34%
Property Price at the End of Year 5
$926,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,945
2.5% in 180 days
$17,973
12.5% on Occupancy
$89,863
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 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $474,000 |
rent income | $9,000 | $23,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $250,000 |
mortgage principal reduction | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $103,000 |
deposit interest | $897 | - | - | - | - | - | - | - | - | - | $897 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $75,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $853,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $144,000 | - | - | - | - | - | - | - | - | - | $144,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
operating expense | $4,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $102,000 |
mortgage payment | $15,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $339,000 |
total expense investment | $214,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $636,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$139,192 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $216,000 |
cumulative roi | $33 | $51 | $66 | $81 | $94 | $107 | $120 | $132 | $145 | $157 | $986 |
Joy Station Condos
Address: Markham, Ontario
Price Range: $474,000 - $1,489,000
Avail. suites: 16
1—4 bd
486—1848 SqFt