Suite number:
3105
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
861 sqft
Occupancy Date:
Apr 2028
Price, CAD
$975,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.31%
Cumulative Return on Investment in Year 5
116.87%
Property Price at the End of Year 5
$1,256,000
Deposit Schedule
$5,000 at Signing
Total up to 1% in 30 days
$9,750
1% in 60 days
$9,750
1% in 90 days
$9,750
1% in 120 days
$9,750
1% in 150 days
$9,750
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 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $643,000 |
| rent income | - | - | - | $18,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $225,000 |
| mortgage principal reduction | - | - | - | $7,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $94,000 |
| deposit interest | $2,000 | $3,000 | $3,000 | $908 | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $52,000 | $56,000 | $59,000 | $109,000 | $106,000 | $111,000 | $117,000 | $122,000 | $128,000 | $134,000 | $994,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | - | - | $10,000 | - | - | - | - | - | - | $59,000 |
| remaining balance payment | - | - | - | $137,000 | - | - | - | - | - | - | $137,000 |
| closing cost | - | - | - | $55,000 | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | - | $7,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $85,000 |
| mortgage payment | - | - | - | $28,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $312,000 |
| total expense investment | $49,000 | - | - | $236,000 | $59,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $647,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | $56,000 | $59,000 | -$126,952 | $47,000 | $51,000 | $56,000 | $62,000 | $67,000 | $73,000 | $347,000 |
| cumulative roi | $108 | $222 | $342 | $101 | $117 | $132 | $146 | $160 | $173 | $187 | $2,000 |
Vupoint Condos 2
Address: Pickering, Ontario
Price Range: $609,000 - $975,000
Avail. suites: 18
1—3 bd
403—2307 SqFt