Suite number:

4212

Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
498 sqft
Occupancy Date:
May 2026
Price, CAD
$629,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

18.51%

Cumulative Return on Investment in Year 5

89.78%

Property Price at the End of Year 5

$810,000

Deposit Schedule
$10,000 at Signing
Total up to 1% in 30 days
$6,290
1% in 60 days
$6,290
1% in 90 days
$6,290
1% in 120 days
$6,290
1% in 150 days
$6,290
Net Gain (Loss)
Get Expert Advice
Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$33,000$34,000$36,000$38,000$40,000$42,000$44,000$47,000$49,000$52,000$415,000
rent income-$7,000$12,000$12,000$13,000$14,000$14,000$15,000$15,000$16,000$118,000
mortgage principal reduction-$4,000$8,000$8,000$9,000$9,000$10,000$10,000$11,000$11,000$80,000
deposit interest$1,000$581--------$2,000
gst hst rebate-$24,000--------$24,000
total income return$34,000$70,000$56,000$59,000$62,000$65,000$68,000$71,000$75,000$79,000$639,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$31,000$6,000--------$38,000
remaining balance payment-$88,000--------$88,000
closing cost-$50,000--------$50,000
operating expense-$4,000$7,000$7,000$7,000$7,000$7,000$7,000$7,000$8,000$60,000
mortgage payment-$18,000$31,000$31,000$31,000$31,000$31,000$31,000$31,000$31,000$270,000
total expense investment$31,000$166,000$38,000$38,000$38,000$38,000$39,000$39,000$39,000$39,000$506,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$2,000-$95,762$18,000$21,000$24,000$26,000$29,000$33,000$36,000$40,000$133,000
cumulative roi$108$52$67$79$90$100$109$118$127$136$985
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt