Suite number:
4409
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
622 sqft
Occupancy Date:
May 2026
Price, CAD
$759,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.65%
Cumulative Return on Investment in Year 5
98.39%
Property Price at the End of Year 5
$978,000
Deposit Schedule
$10,000 at Signing
Total up to 1% in 30 days
$7,590
1% in 60 days
$7,590
1% in 90 days
$7,590
1% in 120 days
$7,590
1% in 150 days
$7,590
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $501,000 |
| rent income | - | $13,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $220,000 |
| mortgage principal reduction | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $97,000 |
| deposit interest | $2,000 | $701 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $41,000 | $84,000 | $76,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $844,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $38,000 | $8,000 | - | - | - | - | - | - | - | - | $46,000 |
| remaining balance payment | - | $106,000 | - | - | - | - | - | - | - | - | $106,000 |
| closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | $5,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $81,000 |
| mortgage payment | - | $22,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $326,000 |
| total expense investment | $38,000 | $193,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $611,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$108,909 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $57,000 | $233,000 |
| cumulative roi | $108 | $53 | $69 | $85 | $98 | $111 | $124 | $136 | $149 | $161 | $1,000 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt