Suite number:
1E+D
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
615 sqft
Occupancy Date:
Nov 2027
Price, CAD
$684,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.69%
Cumulative Return on Investment in Year 5
108.65%
Property Price at the End of Year 5
$882,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$34,245
2.5% in 40 days
$17,123
2.5% in 405 days
$17,123
2.5% on Occupancy
$18,123
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 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $452,000 |
| rent income | - | - | $13,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $188,000 |
| mortgage principal reduction | - | - | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $75,000 |
| deposit interest | $2,000 | $4,000 | $1,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $42,000 | $82,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $748,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $51,000 | $17,000 | $18,000 | - | - | - | - | - | - | - | $87,000 |
| remaining balance payment | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | - | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $74,000 |
| mortgage payment | - | - | $20,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $260,000 |
| total expense investment | $51,000 | $17,000 | $144,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $521,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$13,407 | $25,000 | -$62,145 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $226,000 |
| cumulative roi | $74 | $117 | $79 | $94 | $109 | $122 | $135 | $148 | $160 | $173 | $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