Suite number:
2JJ+D
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1082 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,540,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.43%
Cumulative Return on Investment in Year 5
116.91%
Property Price at the End of Year 5
$1,984,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$77,000
5% in 365 days
$77,000
5% on Occupancy
$77,000
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 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $120,000 | $126,000 | $1,017,000 |
| rent income | - | - | $3,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $256,000 |
| mortgage principal reduction | - | - | $2,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $156,000 |
| deposit interest | $8,000 | $16,000 | $10,000 | - | - | - | - | - | - | - | $34,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $88,000 | $100,000 | $127,000 | $144,000 | $151,000 | $159,000 | $167,000 | $175,000 | $184,000 | $193,000 | $1,487,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $154,000 | $77,000 | - | - | - | - | - | - | - | - | $231,000 |
| remaining balance payment | - | - | $77,000 | - | - | - | - | - | - | - | $77,000 |
| closing cost | - | - | $68,000 | - | - | - | - | - | - | - | $68,000 |
| operating expense | - | - | $1,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $125,000 |
| mortgage payment | - | - | $6,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $546,000 |
| total expense investment | $154,000 | $77,000 | $153,000 | $94,000 | $94,000 | $94,000 | $95,000 | $95,000 | $96,000 | $96,000 | $1,047,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$65,906 | $23,000 | -$25,722 | $50,000 | $57,000 | $64,000 | $72,000 | $80,000 | $88,000 | $97,000 | $439,000 |
| cumulative roi | $57 | $82 | $91 | $105 | $117 | $127 | $137 | $146 | $155 | $164 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $1,240,000 - $2,525,000
Avail. suites: 10
1—3 bd
489—1786 SqFt