Suite number:
1213
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
550 sqft
Occupancy Date:
Apr 2028
Price, CAD
$632,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.55%
Cumulative Return on Investment in Year 5
108.69%
Property Price at the End of Year 5
$814,000
Deposit Schedule
$5,000 at Signing
Total up to 1% in 30 days
$6,320
1% in 60 days
$6,320
1% in 90 days
$6,320
1% in 120 days
$6,320
1% in 150 days
$6,320
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 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $417,000 |
| rent income | - | - | - | $8,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $96,000 |
| mortgage principal reduction | - | - | - | $5,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $61,000 |
| deposit interest | $1,000 | $2,000 | $2,000 | $588 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $36,000 | $38,000 | $75,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $603,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $32,000 | - | - | $6,000 | - | - | - | - | - | - | $38,000 |
| remaining balance payment | - | - | - | $88,000 | - | - | - | - | - | - | $88,000 |
| closing cost | - | - | - | $48,000 | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | - | $4,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $50,000 |
| mortgage payment | - | - | - | $18,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $202,000 |
| total expense investment | $32,000 | - | - | $165,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $427,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $36,000 | $38,000 | -$89,852 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $176,000 |
| cumulative roi | $108 | $222 | $343 | $97 | $109 | $119 | $129 | $139 | $148 | $156 | $2,000 |
Vupoint Condos 2
Address: Pickering, Ontario
Price Range: $609,000 - $975,000
Avail. suites: 18
1—3 bd
403—2307 SqFt