Suite number:
1505
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
859 sqft
Occupancy Date:
May 2026
Price, CAD
$970,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.61%
Cumulative Return on Investment in Year 5
101.05%
Property Price at the End of Year 5
$1,250,000
Deposit Schedule
$10,000 at Signing
Total up to 1% in 30 days
$9,700
1% in 60 days
$9,700
1% in 90 days
$9,700
1% in 120 days
$9,700
1% in 150 days
$9,700
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 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $640,000 |
| rent income | - | $17,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $304,000 |
| mortgage principal reduction | - | $7,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $124,000 |
| deposit interest | $2,000 | $896 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $52,000 | $102,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $125,000 | $132,000 | $138,000 | $1,095,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | $10,000 | - | - | - | - | - | - | - | - | $58,000 |
| remaining balance payment | - | $136,000 | - | - | - | - | - | - | - | - | $136,000 |
| closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | $7,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $110,000 |
| mortgage payment | - | $28,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $417,000 |
| total expense investment | $49,000 | $237,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $777,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$134,654 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $69,000 | $75,000 | $318,000 |
| cumulative roi | $108 | $52 | $70 | $86 | $101 | $115 | $129 | $142 | $155 | $169 | $1,000 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt