Suite number:
2D+D
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
805 sqft
Occupancy Date:
Jan 2028
Price, CAD
$885,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.97%
Cumulative Return on Investment in Year 5
112.98%
Property Price at the End of Year 5
$1,141,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$44,295
5% in 180 days
$44,295
5% in 365 days
$44,295
0% on Occupancy
$5
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 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $585,000 |
| rent income | - | - | $14,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $243,000 |
| mortgage principal reduction | - | - | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $96,000 |
| deposit interest | $2,000 | $8,000 | $3,000 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $48,000 | $57,000 | $97,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $961,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $89,000 | $44,000 | $5 | - | - | - | - | - | - | - | $133,000 |
| remaining balance payment | - | - | $44,000 | - | - | - | - | - | - | - | $44,000 |
| closing cost | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | $6,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $95,000 |
| mortgage payment | - | - | $22,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $333,000 |
| total expense investment | $89,000 | $44,000 | $127,000 | $56,000 | $57,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $660,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$40,188 | $12,000 | -$29,700 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $302,000 |
| cumulative roi | $55 | $79 | $82 | $98 | $113 | $127 | $140 | $153 | $166 | $179 | $1,000 |
The Grand at Universal City
Address: Pickering, Ontario
Price Range: $751,000 - $1,112,000
Avail. suites: 18
1—3.5 bd
469—1026 SqFt