Suite number:
4403
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
737 sqft
Occupancy Date:
Oct 2026
Price, CAD
$871,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.12%
Cumulative Return on Investment in Year 5
95.09%
Property Price at the End of Year 5
$1,122,000
Deposit Schedule
$10,000 at Signing
Total up to 1% in 30 days
$8,710
1% in 60 days
$8,710
1% in 90 days
$8,710
1% in 120 days
$8,710
1% in 150 days
$8,710
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 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $575,000 |
| rent income | - | $14,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $221,000 |
| mortgage principal reduction | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $113,000 |
| deposit interest | $2,000 | $653 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $47,000 | $94,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $935,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $44,000 | $9,000 | - | - | - | - | - | - | - | - | $52,000 |
| remaining balance payment | - | $122,000 | - | - | - | - | - | - | - | - | $122,000 |
| closing cost | - | $54,000 | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | - | $6,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $92,000 |
| mortgage payment | - | $29,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $378,000 |
| total expense investment | $44,000 | $221,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $699,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$126,836 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $61,000 | $236,000 |
| cumulative roi | $108 | $52 | $68 | $82 | $95 | $107 | $118 | $129 | $140 | $151 | $1,000 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt