Suite number:
1203 - PCC2‐537A(E)‐1B+D
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
537 sqft
Occupancy Date:
Jan 2026
$580,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.26%
Cumulative Return on Investment in Year 5
100.23%
Property Price at the End of Year 5
$747,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$29,000
5% in 120 days
$29,000
2.5% in 300 days
$14,500
2.5% in 400 days
$14,500
5% on Occupancy
$29,000
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 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $383,000 |
rent income | - | $16,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $198,000 |
mortgage principal reduction | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $79,000 |
deposit interest | $3,000 | $417 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $78,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $84,000 | $687,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $73,000 | $44,000 | - | - | - | - | - | - | - | - | $116,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $47,000 | - | - | - | - | - | - | - | - | $47,000 |
operating expense | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $86,000 |
mortgage payment | - | $24,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $249,000 |
total expense investment | $73,000 | $121,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $498,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$39,868 | -$43,164 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $45,000 | $188,000 |
cumulative roi | $45 | $55 | $71 | $86 | $100 | $114 | $127 | $139 | $152 | $165 | $1,000 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 84
1—4 bd
0—1002 SqFt