Suite number:
1309 - B468
Project:
Address:
Pickering, Ontario
Developer:
Sevoy Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
468 sqft
Occupancy Date:
Jan 2028
Price, CAD
$472,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.45%
Cumulative Return on Investment in Year 5
107.98%
Property Price at the End of Year 5
$609,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$11,825
2.5% in 120 days
$11,825
2.5% in 240 days
$11,825
2.5% in 360 days
$11,825
2.5% in 720 days
$11,825
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 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $312,000 |
| rent income | - | - | $913 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $89,000 |
| mortgage principal reduction | - | - | $476 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $48,000 |
| deposit interest | $2,000 | $3,000 | $4,000 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $26,000 | $29,000 | $33,000 | $69,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $482,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | $12,000 | $35,000 | - | - | - | - | - | - | - | $95,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $46,000 | - | - | - | - | - | - | - | $46,000 |
| operating expense | - | - | $525 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $48,000 |
| mortgage payment | - | - | $2,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $168,000 |
| total expense investment | $47,000 | $12,000 | $84,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $357,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$20,966 | $18,000 | -$51,413 | $39,000 | $18,000 | $20,000 | $22,000 | $25,000 | $27,000 | $30,000 | $126,000 |
| cumulative roi | $56 | $94 | $66 | $97 | $108 | $118 | $127 | $136 | $145 | $153 | $1,000 |
1515 Pickering Parkway Condos
Address: Pickering, Ontario
Price Range: $401,000 - $705,000
Avail. suites: 15
0—2 bd
300—659 SqFt