Suite number:
The Indigo (Tower D)
Project:
Address:
Markham, Ontario
Developer:
Remington Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
560 sqft
Occupancy Date:
Sep 2025
Price, CAD
$715,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.79%
Cumulative Return on Investment in Year 5
82.85%
Property Price at the End of Year 5
$922,000
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 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $473,000 |
| rent income | $11,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $156,000 |
| mortgage principal reduction | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $108,000 |
| deposit interest | $28 | - | - | - | - | - | - | - | - | - | $28 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $79,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $761,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $138,000 | - | - | - | - | - | - | - | - | - | $138,000 |
| closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $83,000 |
| mortgage payment | $30,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $353,000 |
| total expense investment | $231,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $630,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$151,289 | $18,000 | $21,000 | $24,000 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $131,000 |
| cumulative roi | $32 | $47 | $61 | $72 | $83 | $93 | $102 | $111 | $120 | $128 | $848 |
Gallery Towers
Address: Markham, Ontario
Price Range: $661,000 - $1,294,000
Avail. suites: 26
1—3 bd
518—2220 SqFt