Suite number:
1305 - E604
Project:
Address:
Pickering, Ontario
Developer:
Sevoy Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
604 sqft
Occupancy Date:
Jun 2028
Price, CAD
$673,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.12%
Cumulative Return on Investment in Year 5
125.01%
Property Price at the End of Year 5
$868,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$16,850
2.5% in 120 days
$16,850
2.5% in 240 days
$16,850
2.5% in 360 days
$16,850
2.5% in 720 days
$16,850
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $55,000 | $445,000 |
| rent income | - | - | - | $7,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $128,000 |
| mortgage principal reduction | - | - | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $63,000 |
| deposit interest | $3,000 | $5,000 | $7,000 | $3,000 | - | - | - | - | - | - | $17,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $42,000 | $45,000 | $79,000 | $70,000 | $73,000 | $77,000 | $81,000 | $84,000 | $89,000 | $677,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $67,000 | $17,000 | $17,000 | $34,000 | - | - | - | - | - | - | $135,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $61,000 |
| mortgage payment | - | - | - | $14,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $210,000 |
| total expense investment | $67,000 | $17,000 | $17,000 | $100,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $455,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,877 | $25,000 | $29,000 | -$21,411 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $222,000 |
| cumulative roi | $56 | $94 | $123 | $112 | $125 | $137 | $147 | $158 | $168 | $178 | $1,000 |
1515 Pickering Parkway Condos
Address: Pickering, Ontario
Price Range: $401,000 - $705,000
Avail. suites: 13
0—2 bd
300—659 SqFt