Suite number:
2G
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
733 sqft
Occupancy Date:
Jan 2028
Price, CAD
$853,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.86%
Cumulative Return on Investment in Year 5
108.04%
Property Price at the End of Year 5
$1,100,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$42,695
5% in 180 days
$42,695
5% in 365 days
$42,695
0% on Occupancy
$5
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 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $564,000 |
| rent income | - | - | $11,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $185,000 |
| mortgage principal reduction | - | - | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $93,000 |
| deposit interest | $2,000 | $8,000 | $3,000 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $47,000 | $54,000 | $92,000 | $84,000 | $89,000 | $93,000 | $97,000 | $102,000 | $107,000 | $113,000 | $879,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $85,000 | $43,000 | $5 | - | - | - | - | - | - | - | $128,000 |
| remaining balance payment | - | - | $43,000 | - | - | - | - | - | - | - | $43,000 |
| closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
| operating expense | - | - | $5,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $84,000 |
| mortgage payment | - | - | $21,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $321,000 |
| total expense investment | $85,000 | $43,000 | $123,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $630,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$38,736 | $12,000 | -$31,484 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $249,000 |
| cumulative roi | $55 | $79 | $81 | $95 | $108 | $120 | $130 | $141 | $151 | $162 | $1,000 |
The Grand at Universal City
Address: Pickering, Ontario
Price Range: $751,000 - $1,112,000
Avail. suites: 18
1—3.5 bd
469—1026 SqFt