Suite number:
1007 - PCC491‐1B
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
486 sqft
Occupancy Date:
Jan 2026
Price, CAD
$530,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.34%
Cumulative Return on Investment in Year 5
91.73%
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
7.5% on Occupancy
$39,750
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 | - | $13,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $151,000 |
mortgage principal reduction | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $71,000 |
deposit interest | $2,000 | $85 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $29,000 | $72,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $597,000 |
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 | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
operating expense | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $73,000 |
mortgage payment | - | $24,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $237,000 |
total expense investment | $66,000 | $119,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $464,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,806 | -$46,448 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $134,000 |
cumulative roi | $44 | $53 | $67 | $80 | $92 | $103 | $113 | $124 | $134 | $144 | $955 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 84
1—4 bd
0—1002 SqFt