Suite number:
1004
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
453 sqft
Occupancy Date:
Apr 2028
Price, CAD
$635,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.70%
Cumulative Return on Investment in Year 5
103.81%
Property Price at the End of Year 5
$818,000
Deposit Schedule
$5,000 at Signing
Total up to 2% in 30 days
$12,700
2% in 90 days
$12,700
2% in 180 days
$12,700
2% in 270 days
$12,700
2% in 365 days
$12,700
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $419,000 |
| rent income | - | - | $2,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $87,000 |
| mortgage principal reduction | - | - | $1,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $65,000 |
| deposit interest | $2,000 | $4,000 | $3,000 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $39,000 | $66,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $604,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $51,000 | $13,000 | $6,000 | - | - | - | - | - | - | - | $70,000 |
| remaining balance payment | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $1,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $47,000 |
| mortgage payment | - | - | $5,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $228,000 |
| total expense investment | $51,000 | $13,000 | $119,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $451,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$15,760 | $26,000 | -$53,256 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $152,000 |
| cumulative roi | $69 | $116 | $81 | $93 | $104 | $113 | $122 | $130 | $138 | $146 | $1,000 |
Vupoint Condos 2
Address: Pickering, Ontario
Price Range: $609,000 - $975,000
Avail. suites: 18
1—3 bd
403—2307 SqFt