Suite number:
121 - TH-Q
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3.5
Size:
1369 sqft
Occupancy Date:
Jan 2028
Price, CAD
$1,489,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.92%
Cumulative Return on Investment in Year 5
113.68%
Property Price at the End of Year 5
$1,919,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$74,495
5% in 365 days
$74,495
5% in 430 days
$74,495
5% on Occupancy
$74,495
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 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $983,000 |
rent income | - | - | $32,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $63,000 | $424,000 |
mortgage principal reduction | - | - | $12,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $166,000 |
deposit interest | $4,000 | $12,000 | $4,000 | - | - | - | - | - | - | - | $19,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $81,000 | $93,000 | $158,000 | $158,000 | $166,000 | $174,000 | $183,000 | $192,000 | $201,000 | $211,000 | $1,616,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $74,000 | $149,000 | $74,000 | - | - | - | - | - | - | - | $298,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $67,000 | - | - | - | - | - | - | - | $67,000 |
operating expense | - | - | $13,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $159,000 |
mortgage payment | - | - | $50,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $572,000 |
total expense investment | $74,000 | $149,000 | $204,000 | $94,000 | $94,000 | $95,000 | $95,000 | $96,000 | $96,000 | $97,000 | $1,095,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $6,000 | -$55,905 | -$46,175 | $64,000 | $72,000 | $79,000 | $87,000 | $96,000 | $105,000 | $114,000 | $521,000 |
cumulative roi | $108 | $78 | $80 | $98 | $114 | $128 | $142 | $156 | $170 | $184 | $1,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt