Suite number:
PH20 - PENTHOUSE LOFT D
Project:
Address:
Markham, Ontario
Developer:
Remington Homes
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
2
Size:
1168 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,078,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.44%
Cumulative Return on Investment in Year 5
96.17%
Property Price at the End of Year 5
$1,390,000
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 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $712,000 |
| rent income | $9,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $379,000 |
| mortgage principal reduction | $3,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $151,000 |
| deposit interest | $179 | - | - | - | - | - | - | - | - | - | $179 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $92,000 | $107,000 | $112,000 | $118,000 | $123,000 | $129,000 | $136,000 | $142,000 | $149,000 | $157,000 | $1,266,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | $211,000 | - | - | - | - | - | - | - | - | - | $211,000 |
| closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | $4,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $155,000 |
| mortgage payment | $14,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $500,000 |
| total expense investment | $292,000 | $69,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $929,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$199,727 | $38,000 | $43,000 | $48,000 | $53,000 | $59,000 | $65,000 | $71,000 | $77,000 | $84,000 | $336,000 |
| cumulative roi | $30 | $50 | $67 | $82 | $96 | $110 | $123 | $136 | $149 | $162 | $1,000 |
Gallery Towers
Address: Markham, Ontario
Price Range: $661,000 - $1,294,000
Avail. suites: 26
1—3 bd
518—2220 SqFt