Suite number:
4403
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
737 sqft
Occupancy Date:
May 2026
$871,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.88%
Cumulative Return on Investment in Year 5
98.04%
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 | - | $11,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $216,000 |
mortgage principal reduction | - | $6,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $114,000 |
deposit interest | $2,000 | $975 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $47,000 | $89,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $931,000 |
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 | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
operating expense | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $93,000 |
mortgage payment | - | $21,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $360,000 |
total expense investment | $44,000 | $210,000 | $52,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $681,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$120,644 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $62,000 | $251,000 |
cumulative roi | $108 | $53 | $70 | $85 | $98 | $110 | $122 | $133 | $145 | $156 | $1,000 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt