Suite number:
1E+D
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
615 sqft
Occupancy Date:
Nov 2027
Price, CAD
$689,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.48%
Cumulative Return on Investment in Year 5
115.14%
Property Price at the End of Year 5
$889,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 0 days
$17,248
2.5% in 0 days
$17,248
2.5% in 0 days
$17,248
5% in 30 days
$34,495
0% on Occupancy
$1,000
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $455,000 |
| rent income | - | - | - | $22,000 | $23,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $172,000 |
| mortgage principal reduction | - | - | - | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $72,000 |
| deposit interest | $2,000 | $4,000 | $3,000 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $42,000 | $43,000 | $96,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $732,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | $17,000 | $18,000 | - | - | - | - | - | - | - | $87,000 |
| remaining balance payment | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | - | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $69,000 |
| mortgage payment | - | - | - | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $235,000 |
| total expense investment | $52,000 | $17,000 | $118,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $492,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$13,946 | $24,000 | -$75,218 | $54,000 | $33,000 | $36,000 | $40,000 | $44,000 | $47,000 | $52,000 | $241,000 |
| cumulative roi | $73 | $115 | $69 | $100 | $115 | $129 | $143 | $156 | $169 | $182 | $1,000 |
The Grand at Universal City
Address: Pickering, Ontario
Price Range: $607,000 - $1,132,000
Avail. suites: 37
1—3.5 bd
469—1026 SqFt