Suite number:
1001 - PCC2‐474
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
474 sqft
Occupancy Date:
Jan 2026
$523,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.07%
Cumulative Return on Investment in Year 5
90.43%
Property Price at the End of Year 5
$674,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$26,150
5% in 120 days
$26,150
2.5% in 300 days
$13,075
2.5% in 400 days
$13,075
5% on Occupancy
$26,150
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 | $345,000 |
rent income | - | $9,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $116,000 |
mortgage principal reduction | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $72,000 |
deposit interest | $2,000 | $376 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $29,000 | $68,000 | $49,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $560,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $65,000 | $39,000 | - | - | - | - | - | - | - | - | $105,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $46,000 | - | - | - | - | - | - | - | - | $46,000 |
operating expense | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $71,000 |
mortgage payment | - | $21,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $225,000 |
total expense investment | $65,000 | $112,000 | $33,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $446,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$35,946 | -$44,436 | $16,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $33,000 | $114,000 |
cumulative roi | $45 | $54 | $68 | $80 | $90 | $100 | $110 | $119 | $128 | $136 | $929 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 84
1—4 bd
0—1002 SqFt