Suite number:
103B
Project:
Address:
Pickering, Ontario
Developer:
Highmark Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
662 sqft
Occupancy Date:
Sep 2027
Price, CAD
$741,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.01%
Cumulative Return on Investment in Year 5
105.22%
Property Price at the End of Year 5
$956,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$18,550
2.5% in 90 days
$18,550
2.5% in 180 days
$18,550
2.5% in 365 days
$18,550
5% in 502 days
$37,100
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 | $38,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $490,000 |
| rent income | - | - | $15,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $174,000 |
| mortgage principal reduction | - | - | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $84,000 |
| deposit interest | $2,000 | $6,000 | $1,000 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $41,000 | $46,000 | $89,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $781,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $56,000 | $56,000 | $37,000 | - | - | - | - | - | - | - | $148,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $73,000 |
| mortgage payment | - | - | $28,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $288,000 |
| total expense investment | $56,000 | $56,000 | $123,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $561,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$14,820 | -$9,503 | -$33,853 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $219,000 |
| cumulative roi | $73 | $78 | $78 | $92 | $105 | $117 | $129 | $140 | $151 | $161 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt