Suite number:
1203
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
737 sqft
Occupancy Date:
Apr 2028
Price, CAD
$839,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.18%
Cumulative Return on Investment in Year 5
113.13%
Property Price at the End of Year 5
$1,081,000
Deposit Schedule
$5,000 at Signing
Total up to 1% in 30 days
$8,390
1% in 60 days
$8,390
1% in 90 days
$8,390
1% in 120 days
$8,390
1% in 150 days
$8,390
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 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $554,000 |
| rent income | - | - | - | $13,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $160,000 |
| mortgage principal reduction | - | - | - | $6,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $81,000 |
| deposit interest | $2,000 | $2,000 | $2,000 | $781 | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $45,000 | $48,000 | $50,000 | $94,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $826,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $42,000 | - | - | $8,000 | - | - | - | - | - | - | $50,000 |
| remaining balance payment | - | - | - | $117,000 | - | - | - | - | - | - | $117,000 |
| closing cost | - | - | - | $52,000 | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | - | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $70,000 |
| mortgage payment | - | - | - | $24,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $269,000 |
| total expense investment | $42,000 | - | - | $208,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $559,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $48,000 | $50,000 | -$113,184 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $58,000 | $267,000 |
| cumulative roi | $108 | $222 | $342 | $99 | $113 | $126 | $138 | $149 | $160 | $171 | $2,000 |
Vupoint Condos 2
Address: Pickering, Ontario
Price Range: $609,000 - $975,000
Avail. suites: 18
1—3 bd
403—2307 SqFt