Suite number:
1D+D
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
681 sqft
Occupancy Date:
Nov 2027
Price, CAD
$778,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.76%
Cumulative Return on Investment in Year 5
111.60%
Property Price at the End of Year 5
$1,003,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$38,945
2.5% in 169 days
$19,473
2.5% in 534 days
$19,473
2.5% on Occupancy
$20,473
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $514,000 |
| rent income | - | - | $6,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $198,000 |
| mortgage principal reduction | - | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $81,000 |
| deposit interest | $2,000 | $5,000 | $3,000 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $47,000 | $80,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $827,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $58,000 | $19,000 | $20,000 | - | - | - | - | - | - | - | $98,000 |
| remaining balance payment | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
| closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | - | $3,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $78,000 |
| mortgage payment | - | - | $10,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $283,000 |
| total expense investment | $58,000 | $19,000 | $143,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $569,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$15,551 | $28,000 | -$62,630 | $32,000 | $36,000 | $39,000 | $44,000 | $48,000 | $52,000 | $57,000 | $258,000 |
| cumulative roi | $73 | $116 | $81 | $97 | $112 | $125 | $138 | $150 | $163 | $175 | $1,000 |
The Grand at Universal City
Address: Pickering, Ontario
Price Range: $605,000 - $1,117,000
Avail. suites: 38
1—3.5 bd
469—1026 SqFt