Suite number:
Suite 09 - Tower 3
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
694 sqft
Occupancy Date:
Mar 2028
Price, CAD
$905,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.94%
Cumulative Return on Investment in Year 5
106.87%
Property Price at the End of Year 5
$1,167,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$45,295
5% in 365 days
$45,295
5% in 620 days
$45,295
5% on Occupancy
$45,295
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 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $598,000 |
rent income | - | - | $14,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $212,000 |
mortgage principal reduction | - | - | $6,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $100,000 |
deposit interest | -$3 | $7,000 | $3,000 | - | - | - | - | - | - | - | $10,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $47,000 | $57,000 | $99,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $943,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $45,000 | $91,000 | $45,000 | - | - | - | - | - | - | - | $181,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
operating expense | - | - | $6,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $86,000 |
mortgage payment | - | - | $26,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $344,000 |
total expense investment | $45,000 | $91,000 | $133,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $57,000 | $58,000 | $667,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$33,986 | -$33,617 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $59,000 | $64,000 | $277,000 |
cumulative roi | $104 | $76 | $78 | $93 | $107 | $119 | $131 | $143 | $154 | $165 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $896,000 - $1,096,000
Avail. suites: 8
0—3.5 bd
425—1233 SqFt