Suite number:
The Fuchsia (Tower D)
Project:
Address:
Markham, Ontario
Developer:
Remington Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
552 sqft
Occupancy Date:
Sep 2025
Price, CAD
$674,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.77%
Cumulative Return on Investment in Year 5
83.19%
Property Price at the End of Year 5
$870,000
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $445,000 |
| rent income | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $154,000 |
| mortgage principal reduction | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $102,000 |
| deposit interest | $28 | - | - | - | - | - | - | - | - | - | $28 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $77,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $726,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $130,000 | - | - | - | - | - | - | - | - | - | $130,000 |
| closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $80,000 |
| mortgage payment | $28,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $332,000 |
| total expense investment | $220,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $598,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$143,093 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $127,000 |
| cumulative roi | $32 | $48 | $61 | $73 | $83 | $93 | $103 | $112 | $121 | $129 | $853 |
Gallery Towers
Address: Markham, Ontario
Price Range: $661,000 - $1,294,000
Avail. suites: 26
1—3 bd
518—2220 SqFt