Suite number:
4206
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
635 sqft
Occupancy Date:
May 2026
$772,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.39%
Cumulative Return on Investment in Year 5
101.40%
Property Price at the End of Year 5
$995,000
Deposit Schedule
$10,000 at Signing
Total up to 1% in 30 days
$7,720
1% in 60 days
$7,720
1% in 90 days
$7,720
1% in 120 days
$7,720
1% in 150 days
$7,720
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $509,000 |
rent income | - | $11,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $223,000 |
mortgage principal reduction | - | $5,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $101,000 |
deposit interest | $2,000 | $864 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $83,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $860,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $39,000 | $8,000 | - | - | - | - | - | - | - | - | $46,000 |
remaining balance payment | - | $108,000 | - | - | - | - | - | - | - | - | $108,000 |
closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
operating expense | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $84,000 |
mortgage payment | - | $19,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $319,000 |
total expense investment | $39,000 | $190,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $49,000 | $609,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$106,728 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $59,000 | $251,000 |
cumulative roi | $108 | $53 | $71 | $87 | $101 | $115 | $128 | $141 | $154 | $167 | $1,000 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt