Suite number:
1306 - A300
Project:
Address:
Pickering, Ontario
Developer:
Sevoy Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
300 sqft
Occupancy Date:
Jun 2028
Price, CAD
$400,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.31%
Cumulative Return on Investment in Year 5
113.82%
Property Price at the End of Year 5
$517,000
Deposit Schedule
$5,000 at Signing
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 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $265,000 |
| rent income | - | - | - | $2,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $38,000 |
| mortgage principal reduction | - | - | - | $2,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $38,000 |
| deposit interest | $2,000 | $3,000 | $4,000 | $2,000 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $22,000 | $25,000 | $27,000 | $54,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $374,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $40,000 | $10,000 | $10,000 | $20,000 | - | - | - | - | - | - | $80,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $43,000 | - | - | - | - | - | - | $43,000 |
| operating expense | - | - | - | $2,000 | $4,000 | $4,000 | $4,000 | $5,000 | $5,000 | $5,000 | $29,000 |
| mortgage payment | - | - | - | $8,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $125,000 |
| total expense investment | $40,000 | $10,000 | $10,000 | $73,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $278,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$17,767 | $15,000 | $17,000 | -$19,166 | $12,000 | $14,000 | $16,000 | $18,000 | $20,000 | $22,000 | $96,000 |
| cumulative roi | $56 | $94 | $124 | $106 | $114 | $121 | $128 | $135 | $141 | $147 | $1,000 |
1515 Pickering Parkway Condos
Address: Pickering, Ontario
Price Range: $401,000 - $705,000
Avail. suites: 13
0—2 bd
300—659 SqFt