Suite number:

2F

Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
733 sqft
Occupancy Date:
Jan 2028
Price, CAD
$841,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

22.86%

Cumulative Return on Investment in Year 5

108.15%

Property Price at the End of Year 5

$1,085,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$42,095
5% in 180 days
$42,095
5% in 365 days
$42,095
0% on Occupancy
$5
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$44,000$46,000$48,000$51,000$54,000$56,000$59,000$62,000$66,000$69,000$556,000
rent income--$11,000$22,000$23,000$24,000$25,000$26,000$27,000$28,000$185,000
mortgage principal reduction--$5,000$11,000$11,000$12,000$12,000$13,000$13,000$14,000$91,000
deposit interest$2,000$8,000$3,000-------$13,000
gst hst rebate--$24,000-------$24,000
total income return$46,000$54,000$91,000$84,000$88,000$92,000$96,000$101,000$106,000$111,000$869,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$84,000$42,000$5-------$126,000
remaining balance payment--$42,000-------$42,000
closing cost--$54,000-------$54,000
operating expense--$5,000$11,000$11,000$11,000$11,000$12,000$12,000$12,000$84,000
mortgage payment--$21,000$42,000$42,000$42,000$42,000$42,000$42,000$42,000$316,000
total expense investment$84,000$42,000$122,000$53,000$53,000$53,000$53,000$54,000$54,000$54,000$623,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$38,192$12,000-$31,128$31,000$35,000$39,000$43,000$48,000$52,000$57,000$247,000
cumulative roi$55$79$81$95$108$120$131$141$152$162$1,000
The Grand at Universal City
Address: Pickering, Ontario
Price Range: $751,000 - $1,112,000
Avail. suites: 18
1—3.5 bd
469—1026 SqFt