Suite number:
1F+D
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
686 sqft
Occupancy Date:
Nov 2027
$774,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.90%
Cumulative Return on Investment in Year 5
115.90%
Property Price at the End of Year 5
$998,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 0 days
$19,373
2.5% in 0 days
$19,373
2.5% in 0 days
$19,373
5% in 30 days
$38,745
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 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $511,000 |
rent income | - | - | - | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $192,000 |
mortgage principal reduction | - | - | - | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $80,000 |
deposit interest | $2,000 | $4,000 | $4,000 | - | - | - | - | - | - | - | $10,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $47,000 | $48,000 | $105,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $818,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $58,000 | $19,000 | $20,000 | - | - | - | - | - | - | - | $98,000 |
remaining balance payment | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
operating expense | - | - | - | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $78,000 |
mortgage payment | - | - | - | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $264,000 |
total expense investment | $58,000 | $19,000 | $128,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $547,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$15,667 | $27,000 | -$80,115 | $57,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $271,000 |
cumulative roi | $73 | $115 | $70 | $101 | $116 | $130 | $143 | $157 | $170 | $183 | $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