Suite number:
1202B
Project:
Address:
Pickering, Ontario
Developer:
Highmark Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
710 sqft
Occupancy Date:
Sep 2027
Price, CAD
$806,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.22%
Cumulative Return on Investment in Year 5
105.48%
Property Price at the End of Year 5
$1,040,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$20,175
2.5% in 90 days
$20,175
2.5% in 180 days
$20,175
2.5% in 365 days
$20,175
5% in 502 days
$40,350
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 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $533,000 |
| rent income | - | - | $16,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $186,000 |
| mortgage principal reduction | - | - | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $91,000 |
| deposit interest | $3,000 | $6,000 | $2,000 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $50,000 | $95,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $108,000 | $844,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | $61,000 | $40,000 | - | - | - | - | - | - | - | $161,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | - | $7,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $79,000 |
| mortgage payment | - | - | $30,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $313,000 |
| total expense investment | $61,000 | $61,000 | $131,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $606,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$16,120 | -$10,336 | -$35,828 | $31,000 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $238,000 |
| cumulative roi | $73 | $78 | $78 | $92 | $105 | $117 | $129 | $140 | $151 | $162 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt