Suite number:
1007 - PCC491‐1B
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
486 sqft
Occupancy Date:
Jan 2026
$530,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.98%
Cumulative Return on Investment in Year 5
94.85%
Property Price at the End of Year 5
$683,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$26,500
5% in 120 days
$26,500
2.5% in 300 days
$13,250
2.5% in 400 days
$13,250
5% on Occupancy
$26,500
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 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $350,000 |
rent income | - | $12,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $149,000 |
mortgage principal reduction | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $73,000 |
deposit interest | $2,000 | $381 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $30,000 | $71,000 | $52,000 | $55,000 | $58,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $598,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $66,000 | $40,000 | - | - | - | - | - | - | - | - | $106,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $46,000 | - | - | - | - | - | - | - | - | $46,000 |
operating expense | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $75,000 |
mortgage payment | - | $21,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $228,000 |
total expense investment | $66,000 | $114,000 | $33,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $455,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,427 | -$42,671 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $143,000 |
cumulative roi | $45 | $54 | $69 | $83 | $95 | $106 | $117 | $128 | $138 | $149 | $985 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 84
1—4 bd
0—1002 SqFt