Suite number:
B486
Project:
Address:
Pickering, Ontario
Developer:
Sevoy Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
486 sqft
Occupancy Date:
Jun 2028
Price, CAD
$506,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.45%
Cumulative Return on Investment in Year 5
123.98%
Property Price at the End of Year 5
$653,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$15,350
5% in 180 days
$25,350
5% in 360 days
$25,350
5% on Occupancy
$25,350
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 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $335,000 |
| rent income | - | - | - | $3,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $80,000 |
| mortgage principal reduction | - | - | - | $2,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $50,000 |
| deposit interest | $3,000 | $4,000 | $4,000 | $3,000 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $29,000 | $32,000 | $33,000 | $62,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $501,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $76,000 | - | - | $25,000 | - | - | - | - | - | - | $101,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $46,000 | - | - | - | - | - | - | $46,000 |
| operating expense | - | - | - | $2,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $45,000 |
| mortgage payment | - | - | - | $6,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $145,000 |
| total expense investment | $76,000 | - | - | $78,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $337,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$47,188 | $32,000 | $33,000 | -$16,332 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $34,000 | $164,000 |
| cumulative roi | $38 | $80 | $123 | $112 | $124 | $135 | $145 | $155 | $164 | $174 | $1,000 |
Welcome to 1515 Pickering Parkway, where abundance and potential live right outside your door. Embrace a harmonious blend of nature and urban growth, where your living experience extends far beyond your residence. With seamless commutes and thoughtfu...
Address: Pickering, Ontario
Price Range: $415,000 - $692,000
Avail. suites: 7
0—2 bd
300—659 SqFt