Suite number:
1307 - B426
Project:
Address:
Pickering, Ontario
Developer:
Sevoy Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
426 sqft
Occupancy Date:
Jun 2028
Price, CAD
$496,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.01%
Cumulative Return on Investment in Year 5
118.87%
Property Price at the End of Year 5
$640,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$12,425
2.5% in 120 days
$12,425
2.5% in 240 days
$12,425
2.5% in 360 days
$12,425
2.5% in 720 days
$12,425
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 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $328,000 |
| rent income | - | - | - | $4,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $72,000 |
| mortgage principal reduction | - | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $47,000 |
| deposit interest | $2,000 | $4,000 | $5,000 | $2,000 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $28,000 | $31,000 | $34,000 | $63,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $61,000 | $483,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $50,000 | $12,000 | $12,000 | $25,000 | - | - | - | - | - | - | $99,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $45,000 | - | - | - | - | - | - | $45,000 |
| operating expense | - | - | - | $2,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $42,000 |
| mortgage payment | - | - | - | $10,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $155,000 |
| total expense investment | $50,000 | $12,000 | $12,000 | $83,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $31,000 | $341,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$22,025 | $18,000 | $21,000 | -$19,892 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $30,000 | $142,000 |
| cumulative roi | $56 | $94 | $124 | $109 | $119 | $128 | $137 | $145 | $153 | $161 | $1,000 |
1515 Pickering Parkway Condos
Address: Pickering, Ontario
Price Range: $401,000 - $705,000
Avail. suites: 13
0—2 bd
300—659 SqFt