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
23.12%
Cumulative Return on Investment in Year 5
110.12%
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 502 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 | - | - | $19,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $224,000 |
| mortgage principal reduction | - | - | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $87,000 |
| deposit interest | $2,000 | $6,000 | $1,000 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $48,000 | $96,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $857,000 |
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 | - | - | $7,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $81,000 |
| mortgage payment | - | - | $29,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $301,000 |
| total expense investment | $58,000 | $58,000 | $128,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $590,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$15,480 | -$9,926 | -$31,705 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $60,000 | $267,000 |
| cumulative roi | $73 | $78 | $79 | $95 | $110 | $124 | $138 | $151 | $165 | $179 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt