Suite number:
1I
Project:
Address:
Pickering, Ontario
Developer:
Highmark Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
490 sqft
Occupancy Date:
Sep 2027
Price, CAD
$599,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.17%
Cumulative Return on Investment in Year 5
102.83%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$15,000
2.5% in 90 days
$15,000
2.5% in 180 days
$15,000
2.5% in 365 days
$15,000
5% in 687 days
$30,000
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | - | - | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $98,000 |
| mortgage principal reduction | - | - | $3,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $64,000 |
| deposit interest | $2,000 | $4,000 | $3,000 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $37,000 | $69,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $591,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $45,000 | $30,000 | - | - | - | - | - | - | - | $120,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $3,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $51,000 |
| mortgage payment | - | - | $13,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $223,000 |
| total expense investment | $45,000 | $45,000 | $94,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $442,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$11,994 | -$8,205 | -$25,099 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $148,000 |
| cumulative roi | $73 | $78 | $79 | $92 | $103 | $113 | $122 | $131 | $139 | $148 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt