1304_e659bf-1513 Pickering Pkwy, Pickering, ON, L1V 7G5
Pickering ON, L1V 7G5
MLS® # PB1166-1304_E659BF
$704,990
2.0 Beds
2 Baths
659 sqft
Potential Investment Performance
Cumulative ROI
83.6%
Cumulative Market Appreciation
$194,775
Net Operating Income in Year 5
$12,692
Cash on Cash Return in Year 5
-12.9%
Assumptions
The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.
Mortgage Calculator
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $140,998 |
| Mortgage Amount | $563,992 |
| Mortgage Payment % | $2,926 |
Cash Flow Calculator
monthly
yearly
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $1,606 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $778 |
| Net Operating Income | $827 |
| Debt Service | |
| Mortgage Payment | $2,926 |
| Net Cash Flow | -$2,098 |
Acquistion Costs
Deposit $140,993
Land Transfer Tax $10,574
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $5
Total Acquisition Costs $168,072
Deposit Schedule
With the Offer $5,000
Deposit @ 30 days $12,624
Deposit @ 120 days $17,624
Deposit @ 240 days $17,624
Deposit @ 360 days $17,624
Deposit @ 720 days $17,624
Deposit @ 900 days $17,624
Due on Occupancy $35,249
Total Deposit $140,993
Closing Date Jan 1, 2028
Components of Return
Potential Returns
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $70,496 | $17,624 | $52,873 | - | - | - | - | - | - | - |
| Closing Costs | - | - | $27,079 | - | - | - | - | - | - | - |
| Mortgage Paydown | - | - | $2,879 | $8,913 | $9,341 | $9,790 | $10,261 | $10,754 | $11,271 | $11,813 |
| Total | $70,496 | $17,624 | $82,831 | $8,913 | $9,341 | $9,790 | $10,261 | $10,754 | $11,271 | $11,813 |
| Cash Invested | $70,496 | $88,120 | $170,951 | $179,864 | $189,206 | $198,997 | $209,259 | $220,013 | $231,285 | $243,098 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | - | $6,425 | $19,552 | $20,392 | $21,269 | $22,184 | $23,138 | $24,133 | $25,170 |
| Operating Expenses | - | - | -$3,115 | -$9,423 | -$9,653 | -$9,890 | -$10,133 | -$10,382 | -$10,639 | -$10,903 |
| Mortgage Payment | - | - | -$11,705 | -$35,115 | -$35,115 | -$35,115 | -$35,115 | -$35,115 | -$35,115 | -$35,115 |
| Net Cash Flow | - | - | -$8,395 | -$24,987 | -$24,376 | -$23,736 | -$23,064 | -$22,360 | -$21,622 | -$20,848 |
| Returns | ||||||||||
| Property Price Appreciation | $35,249 | $37,011 | $38,862 | $40,805 | $42,845 | $44,988 | $47,237 | $49,599 | $52,079 | $54,683 |
| Mortgage Paydown | - | - | $2,879 | $8,913 | $9,341 | $9,790 | $10,261 | $10,754 | $11,271 | $11,813 |
| Net Cash Flow | - | - | -$8,395 | -$24,987 | -$24,376 | -$23,736 | -$23,064 | -$22,360 | -$21,622 | -$20,848 |
| Total Return | $35,249 | $37,011 | $33,345 | $24,731 | $27,811 | $31,042 | $34,434 | $37,993 | $41,728 | $45,648 |
| Cumulative Return | $35,249 | $72,261 | $105,607 | $130,339 | $158,150 | $189,193 | $223,627 | $261,621 | $303,350 | $348,998 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 50.0% | 82.0% | 61.8% | 72.5% | 83.6% | 95.1% | 106.9% | 118.9% | 131.2% | 143.6% |
| Cash On Cash | - | - | -4.9% | -13.9% | -12.9% | -11.9% | -11.0% | -10.2% | -9.3% | -8.6% |
Market Price Trends
Single family detached
-2.17%
Price change (1 year)
31.78%
Price change (5 years)
All Properties
-2.07%
Price change (1 year)
31.3%
Price change (5 years)
