Suite number:
1K+D
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
655 sqft
Occupancy Date:
Nov 2027
Price, CAD
$754,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.91%
Cumulative Return on Investment in Year 5
108.69%
Property Price at the End of Year 5
$973,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$37,745
2.5% in 40 days
$18,873
2.5% in 405 days
$18,873
2.5% on Occupancy
$19,873
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 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $498,000 |
| rent income | - | - | $13,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $200,000 |
| mortgage principal reduction | - | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $83,000 |
| deposit interest | $3,000 | $5,000 | $2,000 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $46,000 | $88,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $815,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $57,000 | $19,000 | $20,000 | - | - | - | - | - | - | - | $95,000 |
| remaining balance payment | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
| closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $6,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $79,000 |
| mortgage payment | - | - | $22,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $287,000 |
| total expense investment | $57,000 | $19,000 | $155,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $569,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$14,778 | $27,000 | -$67,485 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $246,000 |
| cumulative roi | $74 | $117 | $79 | $94 | $109 | $122 | $135 | $147 | $159 | $172 | $1,000 |
The Grand at Universal City
Address: Pickering, Ontario
Price Range: $605,000 - $1,117,000
Avail. suites: 38
1—3.5 bd
469—1026 SqFt