Suite number:
1208 - PCC2‐614‐J2B (Tower 2)
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
614 sqft
Occupancy Date:
Dec 2027
Price, CAD
$635,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.16%
Cumulative Return on Investment in Year 5
113.88%
Property Price at the End of Year 5
$818,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$31,750
5% in 120 days
$31,750
2.5% in 300 days
$15,875
2.5% in 400 days
$15,875
2.5% in 600 days
$15,875
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 | - | - | $11,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $185,000 |
| mortgage principal reduction | - | - | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $69,000 |
| deposit interest | $3,000 | $7,000 | $3,000 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $36,000 | $42,000 | $78,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $710,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | $48,000 | - | - | - | - | - | - | - | - | $127,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $5,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $79,000 |
| mortgage payment | - | - | $16,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $238,000 |
| total expense investment | $79,000 | $48,000 | $70,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $494,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$43,646 | -$5,850 | $8,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $216,000 |
| cumulative roi | $45 | $61 | $84 | $100 | $114 | $127 | $140 | $153 | $166 | $179 | $1,000 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 110
1—4 bd
0—1002 SqFt