Suite number:
4204
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
1
Size:
457 sqft
Occupancy Date:
May 2026
$678,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.01%
Cumulative Return on Investment in Year 5
91.18%
Property Price at the End of Year 5
$873,000
Deposit Schedule
$10,000 at Signing
Total up to 1% in 30 days
$6,780
1% in 60 days
$6,780
1% in 90 days
$6,780
1% in 120 days
$6,780
1% in 150 days
$6,780
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $447,000 |
rent income | - | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $107,000 |
mortgage principal reduction | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $89,000 |
deposit interest | $1,000 | $759 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $37,000 | $72,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $669,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $34,000 | $7,000 | - | - | - | - | - | - | - | - | $41,000 |
remaining balance payment | - | $95,000 | - | - | - | - | - | - | - | - | $95,000 |
closing cost | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $3,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $59,000 |
mortgage payment | - | $16,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $280,000 |
total expense investment | $34,000 | $170,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $524,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$98,810 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $145,000 |
cumulative roi | $108 | $53 | $68 | $80 | $91 | $101 | $110 | $119 | $128 | $136 | $995 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt