Suite number:
1B+F-477
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
477 sqft
Occupancy Date:
Sep 2027
Price, CAD
$699,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.68%
Cumulative Return on Investment in Year 5
98.78%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$17,498
2.5% in 90 days
$17,498
5% in 365 days
$34,995
10% on Occupancy
$69,990
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
rent income | - | $1,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $157,000 |
mortgage principal reduction | - | $704 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $83,000 |
deposit interest | $1,000 | $3,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $38,000 | $44,000 | $90,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $731,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $35,000 | $105,000 | - | - | - | - | - | - | - | - | $140,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
operating expense | - | $609 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $64,000 |
mortgage payment | - | $3,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $283,000 |
total expense investment | $35,000 | $159,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $538,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$115,853 | $47,000 | $26,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $192,000 |
cumulative roi | $108 | $42 | $72 | $86 | $99 | $110 | $121 | $132 | $143 | $153 | $1,000 |
M5 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $8,099,000
Avail. suites: 69
0—25 bd
271—989 SqFt