Suite number:
1108 - PCC2‐614‐J2B
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
614 sqft
Occupancy Date:
Jan 2026
$633,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.67%
Cumulative Return on Investment in Year 5
96.46%
Property Price at the End of Year 5
$815,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$31,650
5% in 120 days
$31,650
2.5% in 300 days
$15,825
2.5% in 400 days
$15,825
5% on Occupancy
$31,650
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 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $418,000 |
rent income | - | $15,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $188,000 |
mortgage principal reduction | - | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $87,000 |
deposit interest | $3,000 | $456 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $36,000 | $81,000 | $64,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $84,000 | $89,000 | $720,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $79,000 | $47,000 | - | - | - | - | - | - | - | - | $127,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
operating expense | - | $8,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $94,000 |
mortgage payment | - | $26,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $272,000 |
total expense investment | $79,000 | $129,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $541,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$43,515 | -$48,256 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $46,000 | $179,000 |
cumulative roi | $45 | $54 | $70 | $84 | $96 | $108 | $120 | $131 | $142 | $153 | $1,000 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 84
1—4 bd
0—1002 SqFt