Suite number:
1G
Project:
Address:
Pickering, Ontario
Developer:
Highmark Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
464 sqft
Occupancy Date:
Sep 2027
Price, CAD
$574,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.00%
Cumulative Return on Investment in Year 5
102.46%
Property Price at the End of Year 5
$741,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$14,375
2.5% in 90 days
$14,375
2.5% in 180 days
$14,375
2.5% in 365 days
$14,375
5% in 687 days
$28,750
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 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $379,000 |
| rent income | - | - | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $93,000 |
| mortgage principal reduction | - | - | $3,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $62,000 |
| deposit interest | $2,000 | $4,000 | $3,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $32,000 | $35,000 | $67,000 | $53,000 | $56,000 | $59,000 | $61,000 | $64,000 | $68,000 | $71,000 | $566,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | $43,000 | $29,000 | - | - | - | - | - | - | - | $115,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | $3,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $48,000 |
| mortgage payment | - | - | $12,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $214,000 |
| total expense investment | $43,000 | $43,000 | $92,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $425,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$11,493 | -$7,863 | -$24,627 | $18,000 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $141,000 |
| cumulative roi | $73 | $78 | $79 | $92 | $102 | $112 | $121 | $130 | $139 | $147 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt