Suite number:
1304 - E659BF
Project:
Address:
Pickering, Ontario
Developer:
Sevoy Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
659 sqft
Occupancy Date:
Jan 2028
Price, CAD
$704,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.74%
Cumulative Return on Investment in Year 5
114.32%
Property Price at the End of Year 5
$908,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$17,625
2.5% in 120 days
$17,625
2.5% in 240 days
$17,625
2.5% in 360 days
$17,625
2.5% in 720 days
$17,625
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $465,000 |
| rent income | - | - | $2,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $156,000 |
| mortgage principal reduction | - | - | $710 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $72,000 |
| deposit interest | $3,000 | $5,000 | $7,000 | - | - | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $39,000 | $44,000 | $49,000 | $95,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $731,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $70,000 | $18,000 | $53,000 | - | - | - | - | - | - | - | $141,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | - | $779 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $71,000 |
| mortgage payment | - | - | $3,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $250,000 |
| total expense investment | $70,000 | $18,000 | $108,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $513,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$31,260 | $26,000 | -$58,244 | $50,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $218,000 |
| cumulative roi | $56 | $94 | $73 | $102 | $114 | $126 | $137 | $148 | $158 | $169 | $1,000 |
1515 Pickering Parkway Condos
Address: Pickering, Ontario
Price Range: $401,000 - $705,000
Avail. suites: 15
0—2 bd
300—659 SqFt