Suite number:
1308 - B486
Project:
Address:
Pickering, Ontario
Developer:
Sevoy Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
486 sqft
Occupancy Date:
Jun 2028
Price, CAD
$504,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.24%
Cumulative Return on Investment in Year 5
119.75%
Property Price at the End of Year 5
$651,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$12,625
2.5% in 120 days
$12,625
2.5% in 240 days
$12,625
2.5% in 360 days
$12,625
2.5% in 720 days
$12,625
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 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $333,000 |
| rent income | - | - | - | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $82,000 |
| mortgage principal reduction | - | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $47,000 |
| deposit interest | $2,000 | $4,000 | $5,000 | $2,000 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $28,000 | $31,000 | $34,000 | $64,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $500,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $50,000 | $13,000 | $13,000 | $25,000 | - | - | - | - | - | - | $101,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $46,000 | - | - | - | - | - | - | $46,000 |
| operating expense | - | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $46,000 |
| mortgage payment | - | - | - | $10,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $158,000 |
| total expense investment | $50,000 | $13,000 | $13,000 | $84,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $350,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$22,380 | $19,000 | $21,000 | -$19,740 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $149,000 |
| cumulative roi | $56 | $94 | $124 | $109 | $120 | $130 | $139 | $147 | $156 | $165 | $1,000 |
1515 Pickering Parkway Condos
Address: Pickering, Ontario
Price Range: $401,000 - $705,000
Avail. suites: 13
0—2 bd
300—659 SqFt