Suite number:
SUITE 06(BF) - Tower 2
Project:
Address:
Markham, Ontario
Developer:
Metropia
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
779 sqft
Occupancy Date:
Mar 2028
Price, CAD
$938,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.24%
Cumulative Return on Investment in Year 5
107.73%
Property Price at the End of Year 5
$1,210,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$46,945
5% in 365 days
$46,945
5% in 647 days
$46,945
5% on Occupancy
$46,945
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $620,000 |
rent income | - | - | $8,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $192,000 |
mortgage principal reduction | - | - | $4,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $99,000 |
deposit interest | -$3 | $7,000 | $4,000 | - | - | - | - | - | - | - | $12,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $49,000 | $59,000 | $94,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $122,000 | $947,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $47,000 | $94,000 | $47,000 | - | - | - | - | - | - | - | $188,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
operating expense | - | - | $4,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $88,000 |
mortgage payment | - | - | $16,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $345,000 |
total expense investment | $47,000 | $94,000 | $122,000 | $58,000 | $59,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $677,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$35,216 | -$28,376 | $33,000 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $270,000 |
cumulative roi | $104 | $76 | $80 | $95 | $108 | $119 | $130 | $140 | $150 | $160 | $1,000 |
UnionCity
Address: Markham, Ontario
Price Range: $896,000 - $1,096,000
Avail. suites: 9
0—3.5 bd
425—1233 SqFt