Suite number:
4212
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
498 sqft
Occupancy Date:
Oct 2026
Price, CAD
$629,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.39%
Cumulative Return on Investment in Year 5
89.42%
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)
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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 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $415,000 |
| rent income | - | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $119,000 |
| mortgage principal reduction | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $81,000 |
| deposit interest | $1,000 | $472 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $72,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $642,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $61,000 |
| mortgage payment | - | $21,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $273,000 |
| total expense investment | $31,000 | $169,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $509,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$97,410 | $18,000 | $21,000 | $24,000 | $26,000 | $30,000 | $33,000 | $36,000 | $40,000 | $133,000 |
| cumulative roi | $108 | $52 | $66 | $78 | $89 | $99 | $109 | $118 | $127 | $135 | $983 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt