Suite number:
1004
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
453 sqft
Occupancy Date:
Apr 2028
Price, CAD
$635,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.32%
Cumulative Return on Investment in Year 5
107.60%
Property Price at the End of Year 5
$818,000
Deposit Schedule
$5,000 at Signing
Total up to 1% in 30 days
$6,350
1% in 60 days
$6,350
1% in 90 days
$6,350
1% in 120 days
$6,350
1% in 150 days
$6,350
Net Gain (Loss)
Get Expert Advice
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 | - | - | - | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $79,000 |
| mortgage principal reduction | - | - | - | $5,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $61,000 |
| deposit interest | $1,000 | $2,000 | $2,000 | $591 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $36,000 | $38,000 | $74,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $588,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $32,000 | - | - | $6,000 | - | - | - | - | - | - | $38,000 |
| remaining balance payment | - | - | - | $89,000 | - | - | - | - | - | - | $89,000 |
| closing cost | - | - | - | $48,000 | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | - | $4,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $44,000 |
| mortgage payment | - | - | - | $18,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $203,000 |
| total expense investment | $32,000 | - | - | $165,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $422,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $36,000 | $38,000 | -$91,047 | $23,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $166,000 |
| cumulative roi | $108 | $222 | $343 | $96 | $108 | $118 | $127 | $135 | $144 | $152 | $2,000 |
Vupoint Condos 2
Address: Pickering, Ontario
Price Range: $609,000 - $975,000
Avail. suites: 18
1—3 bd
403—2307 SqFt