Suite number:
3105
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
861 sqft
Occupancy Date:
Apr 2028
Price, CAD
$975,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.79%
Cumulative Return on Investment in Year 5
118.33%
Property Price at the End of Year 5
$1,256,000
Deposit Schedule
$5,000 at Signing
Total up to 2% in 30 days
$19,500
2% in 90 days
$19,500
2% in 180 days
$19,500
2% in 270 days
$19,500
2% in 365 days
$19,500
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 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $643,000 |
| rent income | - | - | - | $25,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $233,000 |
| mortgage principal reduction | - | - | - | $10,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $95,000 |
| deposit interest | $3,000 | $6,000 | $5,000 | $673 | - | - | - | - | - | - | $15,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $54,000 | $59,000 | $61,000 | $119,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $1,010,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $78,000 | $20,000 | - | $10,000 | - | - | - | - | - | - | $107,000 |
| remaining balance payment | - | - | - | $88,000 | - | - | - | - | - | - | $88,000 |
| closing cost | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $87,000 |
| mortgage payment | - | - | - | $41,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $334,000 |
| total expense investment | $78,000 | $20,000 | - | $205,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $672,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$24,228 | $40,000 | $61,000 | -$85,769 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $72,000 | $339,000 |
| cumulative roi | $69 | $116 | $179 | $103 | $118 | $132 | $146 | $159 | $172 | $185 | $1,000 |
Vupoint Condos 2
Address: Pickering, Ontario
Price Range: $609,000 - $975,000
Avail. suites: 18
1—3 bd
403—2307 SqFt