Suite number:
1115 - PCC2‐474 (Tower 2)
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
474 sqft
Occupancy Date:
Dec 2027
Price, CAD
$524,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.70%
Cumulative Return on Investment in Year 5
103.94%
Property Price at the End of Year 5
$675,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$26,200
5% in 120 days
$26,200
2.5% in 300 days
$13,100
2.5% in 400 days
$13,100
2.5% in 600 days
$13,100
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 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $346,000 |
| rent income | - | - | $6,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $96,000 |
| mortgage principal reduction | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $57,000 |
| deposit interest | $2,000 | $6,000 | $2,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $29,000 | $34,000 | $65,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $533,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $66,000 | $39,000 | - | - | - | - | - | - | - | - | $105,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $47,000 | - | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | $4,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $57,000 |
| mortgage payment | - | - | $13,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $197,000 |
| total expense investment | $66,000 | $39,000 | $64,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $406,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$36,009 | -$4,828 | $1,000 | $16,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $127,000 |
| cumulative roi | $45 | $61 | $82 | $94 | $104 | $113 | $122 | $130 | $139 | $147 | $1,000 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 110
1—4 bd
0—1002 SqFt