Suite number:
1D+D
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1.5
Size:
681 sqft
Occupancy Date:
Nov 2027
Price, CAD
$783,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.88%
Cumulative Return on Investment in Year 5
115.69%
Property Price at the End of Year 5
$1,010,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 0 days
$19,598
2.5% in 0 days
$19,598
2.5% in 0 days
$19,598
5% in 30 days
$39,195
0% on Occupancy
$1,000
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 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $517,000 |
| rent income | - | - | - | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $191,000 |
| mortgage principal reduction | - | - | - | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $81,000 |
| deposit interest | $2,000 | $4,000 | $4,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $47,000 | $49,000 | $105,000 | $85,000 | $90,000 | $94,000 | $99,000 | $103,000 | $108,000 | $824,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $59,000 | $20,000 | $21,000 | - | - | - | - | - | - | - | $99,000 |
| remaining balance payment | - | - | $58,000 | - | - | - | - | - | - | - | $58,000 |
| closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | - | - | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $77,000 |
| mortgage payment | - | - | - | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $267,000 |
| total expense investment | $59,000 | $20,000 | $130,000 | $48,000 | $48,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $552,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$15,849 | $28,000 | -$80,633 | $57,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $272,000 |
| cumulative roi | $73 | $115 | $71 | $101 | $116 | $130 | $143 | $156 | $169 | $181 | $1,000 |
The Grand at Universal City
Address: Pickering, Ontario
Price Range: $607,000 - $1,132,000
Avail. suites: 37
1—3.5 bd
469—1026 SqFt