Suite number:
4204
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1
Size:
457 sqft
Occupancy Date:
May 2026
Price, CAD
$678,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.42%
Cumulative Return on Investment in Year 5
88.68%
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)
Get Expert Advice
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 | - | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $108,000 |
| mortgage principal reduction | - | $5,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $87,000 |
| deposit interest | $1,000 | $626 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $73,000 | $59,000 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $668,000 |
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 | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | $4,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $58,000 |
| mortgage payment | - | $20,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $291,000 |
| total expense investment | $34,000 | $176,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $536,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$102,876 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $133,000 |
| cumulative roi | $108 | $52 | $66 | $78 | $89 | $98 | $107 | $116 | $124 | $132 | $971 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt