Suite number:
1508 - PCC2‐614‐J2B
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
614 sqft
Occupancy Date:
Jan 2026
Price, CAD
$636,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.02%
Cumulative Return on Investment in Year 5
93.27%
Property Price at the End of Year 5
$819,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$31,800
5% in 120 days
$31,800
2.5% in 300 days
$15,900
7.5% on Occupancy
$47,700
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 | $35,000 | $37,000 | $38,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $420,000 |
| rent income | - | $16,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $190,000 |
| mortgage principal reduction | - | $7,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $85,000 |
| deposit interest | $2,000 | $102 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $83,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $722,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $80,000 | $48,000 | - | - | - | - | - | - | - | - | $127,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $92,000 |
| mortgage payment | - | $29,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $284,000 |
| total expense investment | $80,000 | $135,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $553,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$44,167 | -$52,661 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $169,000 |
| cumulative roi | $44 | $52 | $67 | $81 | $93 | $105 | $116 | $127 | $138 | $148 | $972 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 84
1—4 bd
0—1002 SqFt