Suite number:
309 - 2A+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
724 sqft
Occupancy Date:
Jan 2028
Price, CAD
$971,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.79%
Cumulative Return on Investment in Year 5
102.25%
Property Price at the End of Year 5
$1,253,000
Deposit Schedule
$5,000 at Signing
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 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $642,000 |
| rent income | - | - | $11,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $216,000 |
| mortgage principal reduction | - | - | $5,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $104,000 |
| deposit interest | $259 | $260 | $131 | - | - | - | - | - | - | - | $650 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $51,000 | $53,000 | $96,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $987,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | - | - | $189,000 | - | - | - | - | - | - | - | $189,000 |
| closing cost | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | $4,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $85,000 |
| mortgage payment | - | - | $20,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $361,000 |
| total expense investment | $5,000 | - | $271,000 | $59,000 | $60,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $697,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $46,000 | $53,000 | -$174,967 | $37,000 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $68,000 | $290,000 |
| cumulative roi | $1,000 | $2,000 | $72 | $88 | $102 | $115 | $127 | $139 | $150 | $161 | $4,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt