Suite number:
1010
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
639 sqft
Occupancy Date:
May 2026
Price, CAD
$788,000
Available
ROI
13,56%
Monthly Expenses
- condo fees— $371
- property taxes— $197
- property management— $96
- repairs and maintenance— $48
Total: $711
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.88%
Cumulative Return on Investment in Year 5
94.45%
Property Price at the End of Year 5
$1,015,000
Deposit Schedule
$10,000 at Signing
Total up to 1% in 30 days
$7,880
1% in 60 days
$7,880
1% in 90 days
$7,880
1% in 120 days
$7,880
1% in 150 days
$7,880
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $65,000 | $520,000 |
| rent income | - | $11,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $189,000 |
| mortgage principal reduction | - | $6,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $101,000 |
| deposit interest | $2,000 | $728 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $84,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $836,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $39,000 | $8,000 | - | - | - | - | - | - | - | - | $47,000 |
| remaining balance payment | - | $110,000 | - | - | - | - | - | - | - | - | $110,000 |
| closing cost | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | $5,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $80,000 |
| mortgage payment | - | $23,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $339,000 |
| total expense investment | $39,000 | $199,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $629,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$114,584 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $207,000 |
| cumulative roi | $108 | $52 | $68 | $82 | $94 | $106 | $117 | $128 | $138 | $149 | $1,000 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.