Suite number:
1306B
Project:
Address:
Pickering, Ontario
Developer:
Highmark Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
972 sqft
Occupancy Date:
Sep 2027
Price, CAD
$957,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.98%
Cumulative Return on Investment in Year 5
116.49%
Property Price at the End of Year 5
$1,234,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$23,950
2.5% in 90 days
$23,950
2.5% in 180 days
$23,950
2.5% in 365 days
$23,950
5% in 687 days
$47,900
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 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $632,000 |
| rent income | - | - | $14,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $290,000 |
| mortgage principal reduction | - | - | $5,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $103,000 |
| deposit interest | $3,000 | $6,000 | $4,000 | - | - | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $53,000 | $59,000 | $102,000 | $105,000 | $110,000 | $115,000 | $121,000 | $126,000 | $133,000 | $139,000 | $1,062,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $72,000 | $72,000 | $48,000 | - | - | - | - | - | - | - | $192,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | $5,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $103,000 |
| mortgage payment | - | - | $20,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $356,000 |
| total expense investment | $72,000 | $72,000 | $129,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $707,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$19,162 | -$13,100 | -$26,987 | $44,000 | $48,000 | $53,000 | $59,000 | $64,000 | $70,000 | $76,000 | $355,000 |
| cumulative roi | $73 | $78 | $82 | $100 | $116 | $132 | $147 | $162 | $177 | $192 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt