Suite number:
1204A
Project:
Address:
Pickering, Ontario
Developer:
Highmark Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
632 sqft
Occupancy Date:
Sep 2027
Price, CAD
$773,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.88%
Cumulative Return on Investment in Year 5
104.23%
Property Price at the End of Year 5
$997,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,350
2.5% in 90 days
$19,350
2.5% in 180 days
$19,350
2.5% in 365 days
$19,350
5% in 502 days
$38,700
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 | - | - | $14,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $166,000 |
| mortgage principal reduction | - | - | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $87,000 |
| deposit interest | $2,000 | $6,000 | $1,000 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $48,000 | $91,000 | $76,000 | $80,000 | $83,000 | $88,000 | $92,000 | $96,000 | $101,000 | $798,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $58,000 | $58,000 | $39,000 | - | - | - | - | - | - | - | $155,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $6,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $71,000 |
| mortgage payment | - | - | $29,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $300,000 |
| total expense investment | $58,000 | $58,000 | $127,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $579,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$15,460 | -$9,913 | -$35,609 | $28,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $219,000 |
| cumulative roi | $73 | $78 | $77 | $92 | $104 | $116 | $127 | $137 | $147 | $158 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt