Suite number:
4202
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
531 sqft
Occupancy Date:
May 2026
Price, CAD
$650,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.25%
Cumulative Return on Investment in Year 5
92.72%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$10,000 at Signing
Total up to 1% in 30 days
$6,500
1% in 60 days
$6,500
1% in 90 days
$6,500
1% in 120 days
$6,500
1% in 150 days
$6,500
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
| rent income | - | $6,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $124,000 |
| mortgage principal reduction | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $85,000 |
| deposit interest | $1,000 | $727 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $71,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $664,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $33,000 | $7,000 | - | - | - | - | - | - | - | - | $39,000 |
| remaining balance payment | - | $91,000 | - | - | - | - | - | - | - | - | $91,000 |
| closing cost | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $65,000 |
| mortgage payment | - | $16,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $269,000 |
| total expense investment | $33,000 | $165,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $512,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$94,540 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $152,000 |
| cumulative roi | $108 | $53 | $68 | $81 | $93 | $103 | $113 | $123 | $132 | $141 | $1,000 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt