Suite number:
1B
Project:
Address:
Pickering, Ontario
Developer:
Highmark Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
386 sqft
Occupancy Date:
Sep 2027
Price, CAD
$504,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.51%
Cumulative Return on Investment in Year 5
105.72%
Property Price at the End of Year 5
$651,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$25,250
2.5% in 30 days
$12,625
2.5% in 90 days
$12,625
2.5% in 180 days
$12,625
2.5% in 365 days
$12,625
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 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $333,000 |
| rent income | - | - | $2,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $74,000 |
| mortgage principal reduction | - | - | $1,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $54,000 |
| deposit interest | $2,000 | $3,000 | $3,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $28,000 | $31,000 | $59,000 | $46,000 | $49,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $493,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $38,000 | $13,000 | $50,000 | - | - | - | - | - | - | - | $101,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $46,000 | - | - | - | - | - | - | - | $46,000 |
| operating expense | - | - | $847 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $40,000 |
| mortgage payment | - | - | $4,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $176,000 |
| total expense investment | $38,000 | $13,000 | $101,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $363,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$10,083 | $18,000 | -$42,358 | $17,000 | $19,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $130,000 |
| cumulative roi | $73 | $116 | $82 | $95 | $106 | $116 | $125 | $133 | $142 | $150 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt