Suite number:
1303 - C524
Project:
Address:
Pickering, Ontario
Developer:
Sevoy Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
524 sqft
Occupancy Date:
Jun 2028
Price, CAD
$549,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.80%
Cumulative Return on Investment in Year 5
126.12%
Property Price at the End of Year 5
$709,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$13,750
2.5% in 120 days
$13,750
2.5% in 240 days
$13,750
2.5% in 360 days
$13,750
2.5% in 720 days
$13,750
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 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $363,000 |
| rent income | - | - | - | $8,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $133,000 |
| mortgage principal reduction | - | - | - | $3,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $52,000 |
| deposit interest | $2,000 | $4,000 | $5,000 | $2,000 | - | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $34,000 | $37,000 | $70,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $585,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | $14,000 | $14,000 | $27,000 | - | - | - | - | - | - | $110,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $46,000 | - | - | - | - | - | - | $46,000 |
| operating expense | - | - | - | $3,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $54,000 |
| mortgage payment | - | - | - | $11,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $172,000 |
| total expense investment | $55,000 | $14,000 | $14,000 | $88,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $382,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$24,376 | $20,000 | $23,000 | -$18,234 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $203,000 |
| cumulative roi | $56 | $94 | $123 | $111 | $126 | $140 | $154 | $167 | $180 | $193 | $1,000 |
1515 Pickering Parkway Condos
Address: Pickering, Ontario
Price Range: $401,000 - $705,000
Avail. suites: 15
0—2 bd
300—659 SqFt