Suite number:
4204
Project:
Address:
Pickering, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1
Size:
457 sqft
Occupancy Date:
Oct 2026
Price, CAD
$678,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.07%
Cumulative Return on Investment in Year 5
86.94%
Property Price at the End of Year 5
$873,000
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $447,000 |
| rent income | - | $8,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $111,000 |
| mortgage principal reduction | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $89,000 |
| deposit interest | $519 | $130 | - | - | - | - | - | - | - | - | $649 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $36,000 | $75,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $672,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | - | $126,000 | - | - | - | - | - | - | - | - | $126,000 |
| closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | $5,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $59,000 |
| mortgage payment | - | $25,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $297,000 |
| total expense investment | $10,000 | $206,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $542,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $26,000 | -$130,777 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $129,000 |
| cumulative roi | $357 | $50 | $64 | $76 | $87 | $97 | $106 | $114 | $123 | $131 | $1,000 |
VuPoint Condos
Address: Pickering, Ontario
Price Range: $629,000 - $970,000
Avail. suites: 17
1—3 bd
453—861 SqFt