Suite number:
106A
Project:
Address:
Pickering, Ontario
Developer:
Highmark Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
714 sqft
Occupancy Date:
Sep 2027
Price, CAD
$774,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.85%
Cumulative Return on Investment in Year 5
113.02%
Property Price at the End of Year 5
$998,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,375
2.5% in 90 days
$19,375
2.5% in 180 days
$19,375
2.5% in 365 days
$19,375
5% in 687 days
$38,750
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 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $511,000 |
| rent income | - | - | $10,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $213,000 |
| mortgage principal reduction | - | - | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $83,000 |
| deposit interest | $2,000 | $5,000 | $3,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $48,000 | $86,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $842,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $58,000 | $58,000 | $39,000 | - | - | - | - | - | - | - | $155,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $4,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $78,000 |
| mortgage payment | - | - | $16,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $288,000 |
| total expense investment | $58,000 | $58,000 | $111,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $573,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$15,498 | -$10,598 | -$25,051 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $59,000 | $269,000 |
| cumulative roi | $73 | $78 | $81 | $98 | $113 | $127 | $141 | $154 | $168 | $181 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt