Suite number:

1F+D

Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
686 sqft
Occupancy Date:
Nov 2027
Price, CAD
$774,900
Available
ROI
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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
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
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
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
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
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
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