Suite number:
1001 - PCC2‐474
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
474 sqft
Occupancy Date:
Jan 2026
Price, CAD
$523,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.46%
Cumulative Return on Investment in Year 5
87.47%
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
7.5% on Occupancy
$39,225
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 | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $118,000 |
mortgage principal reduction | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $70,000 |
deposit interest | $2,000 | $84 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $29,000 | $69,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $559,000 |
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 | - | $47,000 | - | - | - | - | - | - | - | - | $47,000 |
operating expense | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $69,000 |
mortgage payment | - | $24,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $234,000 |
total expense investment | $65,000 | $117,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $455,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,320 | -$48,400 | $15,000 | $17,000 | $20,000 | $22,000 | $25,000 | $27,000 | $30,000 | $33,000 | $104,000 |
cumulative roi | $44 | $52 | $65 | $77 | $87 | $97 | $106 | $115 | $124 | $132 | $901 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 84
1—4 bd
0—1002 SqFt