Suite number:
The Hunter (Tower D)
Project:
Address:
Markham, Ontario
Developer:
Remington Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
592 sqft
Occupancy Date:
Sep 2025
Price, CAD
$788,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.49%
Cumulative Return on Investment in Year 5
90.51%
Property Price at the End of Year 5
$1,016,000
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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $521,000 |
rent income | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $247,000 |
mortgage principal reduction | $8,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $119,000 |
deposit interest | $28 | - | - | - | - | - | - | - | - | - | $28 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $90,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $104,000 | $110,000 | $911,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $153,000 | - | - | - | - | - | - | - | - | - | $153,000 |
closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
operating expense | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $96,000 |
mortgage payment | $33,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $389,000 |
total expense investment | $251,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $695,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$160,529 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $59,000 | $216,000 |
cumulative roi | $32 | $49 | $64 | $78 | $91 | $103 | $114 | $126 | $137 | $149 | $942 |
Gallery Towers
Address: Markham, Ontario
Price Range: $661,000 - $1,294,000
Avail. suites: 26
1—3 bd
518—2220 SqFt