Suite number:
2F
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
733 sqft
Occupancy Date:
Jan 2028
Price, CAD
$841,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.22%
Cumulative Return on Investment in Year 5
105.37%
Property Price at the End of Year 5
$1,085,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$42,095
5% in 180 days
$42,095
5% in 365 days
$42,095
0% on Occupancy
$5
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 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $556,000 |
rent income | - | - | $16,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $192,000 |
mortgage principal reduction | - | - | $8,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $95,000 |
deposit interest | $2,000 | $8,000 | $1,000 | - | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $54,000 | $98,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $878,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $84,000 | $42,000 | $5 | - | - | - | - | - | - | - | $126,000 |
remaining balance payment | - | - | $42,000 | - | - | - | - | - | - | - | $42,000 |
closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
operating expense | - | - | $8,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $87,000 |
mortgage payment | - | - | $32,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $327,000 |
total expense investment | $84,000 | $42,000 | $135,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $636,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$38,328 | $12,000 | -$37,637 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $242,000 |
cumulative roi | $54 | $79 | $78 | $93 | $105 | $117 | $128 | $139 | $149 | $160 | $1,000 |
The Grand at Universal City
Address: Pickering, Ontario
Price Range: $751,000 - $1,112,000
Avail. suites: 18
1—3.5 bd
469—1026 SqFt