Suite number:
1007 - PCC491‐1B (Tower 1)
Project:
Address:
Pickering, Ontario
Developer:
CentreCourt Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
491 sqft
Occupancy Date:
Dec 2027
Price, CAD
$530,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.50%
Cumulative Return on Investment in Year 5
107.80%
Property Price at the End of Year 5
$683,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$26,500
5% in 120 days
$26,500
2.5% in 300 days
$13,250
2.5% in 400 days
$13,250
2.5% in 600 days
$13,250
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 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $350,000 |
| rent income | - | - | $7,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $124,000 |
| mortgage principal reduction | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $58,000 |
| deposit interest | $2,000 | $6,000 | $2,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $30,000 | $35,000 | $67,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $566,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $66,000 | $40,000 | - | - | - | - | - | - | - | - | $106,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $61,000 |
| mortgage payment | - | - | $13,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $199,000 |
| total expense investment | $66,000 | $40,000 | $65,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $414,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$36,422 | -$4,883 | $3,000 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $152,000 |
| cumulative roi | $45 | $61 | $83 | $96 | $108 | $119 | $129 | $139 | $149 | $159 | $1,000 |
Pickering City Centre Condos
Address: Pickering, Ontario
Price Range: $481,000 - $723,000
Avail. suites: 110
1—4 bd
0—1002 SqFt