Suite number:
1G
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
469 sqft
Occupancy Date:
Nov 2027
Price, CAD
$604,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.32%
Cumulative Return on Investment in Year 5
102.60%
Property Price at the End of Year 5
$779,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,245
2.5% in 169 days
$15,123
2.5% in 534 days
$15,123
2.5% on Occupancy
$16,123
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 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $399,000 |
| rent income | - | - | $3,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $91,000 |
| mortgage principal reduction | - | - | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $63,000 |
| deposit interest | $2,000 | $4,000 | $2,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $37,000 | $66,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $585,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $15,000 | $16,000 | - | - | - | - | - | - | - | $77,000 |
| remaining balance payment | - | - | $44,000 | - | - | - | - | - | - | - | $44,000 |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $2,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $51,000 |
| mortgage payment | - | - | $8,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $220,000 |
| total expense investment | $45,000 | $15,000 | $119,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $441,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$12,072 | $22,000 | -$53,115 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $144,000 |
| cumulative roi | $73 | $116 | $80 | $92 | $103 | $112 | $121 | $129 | $137 | $145 | $1,000 |
The Grand at Universal City
Address: Pickering, Ontario
Price Range: $605,000 - $1,117,000
Avail. suites: 38
1—3.5 bd
469—1026 SqFt