Suite number:
4202
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
531 sqft
Occupancy Date:
Oct 2026
Price, CAD
$650,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.31%
Cumulative Return on Investment in Year 5
88.49%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$10,000 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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
| rent income | - | $9,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $129,000 |
| mortgage principal reduction | - | $6,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $85,000 |
| deposit interest | $519 | $130 | - | - | - | - | - | - | - | - | $649 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $75,000 | $59,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $667,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | - | $120,000 | - | - | - | - | - | - | - | - | $120,000 |
| closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $65,000 |
| mortgage payment | - | $24,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $285,000 |
| total expense investment | $10,000 | $199,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $530,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $24,000 | -$124,499 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $138,000 |
| cumulative roi | $342 | $51 | $65 | $77 | $88 | $99 | $108 | $117 | $126 | $135 | $1,000 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt