Suite number:
1Y+D (B/F) (Floor 36)
Project:
Address:
Pickering, Ontario
Developer:
Chestnut Hill Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
694 sqft
Occupancy Date:
Jan 2028
Price, CAD
$812,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.46%
Cumulative Return on Investment in Year 5
111.30%
Property Price at the End of Year 5
$1,047,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$40,645
5% in 180 days
$40,645
5% in 365 days
$40,645
0% on Occupancy
$5
Net Gain (Loss)
Get Expert Advice
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 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $537,000 |
rent income | - | - | $12,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $209,000 |
mortgage principal reduction | - | - | $5,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $88,000 |
deposit interest | $2,000 | $7,000 | $3,000 | - | - | - | - | - | - | - | $12,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $44,000 | $52,000 | $91,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $871,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $81,000 | $41,000 | $5 | - | - | - | - | - | - | - | $122,000 |
remaining balance payment | - | - | $41,000 | - | - | - | - | - | - | - | $41,000 |
closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
operating expense | - | - | $5,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $83,000 |
mortgage payment | - | - | $20,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $305,000 |
total expense investment | $81,000 | $41,000 | $119,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $604,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,876 | $11,000 | -$28,850 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $266,000 |
cumulative roi | $55 | $79 | $81 | $97 | $111 | $124 | $137 | $149 | $161 | $174 | $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