Suite number:
1301 - C561
Project:
Address:
Pickering, Ontario
Developer:
Sevoy Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
561 sqft
Occupancy Date:
Jun 2028
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.01%
Cumulative Return on Investment in Year 5
127.04%
Property Price at the End of Year 5
$715,000
Deposit Schedule
$5,000 at Signing
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 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $366,000 |
| rent income | - | - | - | $8,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $142,000 |
| 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 | $6,000 | $2,000 | - | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $34,000 | $37,000 | $71,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $79,000 | $599,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | $14,000 | $14,000 | $28,000 | - | - | - | - | - | - | $111,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $47,000 | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | - | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $57,000 |
| mortgage payment | - | - | - | $11,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $173,000 |
| total expense investment | $55,000 | $14,000 | $14,000 | $89,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $37,000 | $388,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$24,598 | $21,000 | $24,000 | -$17,967 | $27,000 | $30,000 | $33,000 | $36,000 | $39,000 | $43,000 | $211,000 |
| cumulative roi | $56 | $94 | $123 | $111 | $127 | $142 | $156 | $170 | $184 | $198 | $1,000 |
1515 Pickering Parkway Condos
Address: Pickering, Ontario
Price Range: $401,000 - $705,000
Avail. suites: 15
0—2 bd
300—659 SqFt