Suite number:
2503 (Honolulu)
Project:
Address:
Mississauga, Ontario
Developer:
Camrost Felcorp
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
2
Size:
749 sqft
Occupancy Date:
Jun 2024
Price, CAD
$1,163,400
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.71%
Cumulative Return on Investment in Year 5
149.09%
Property Price at the End of Year 5
$1,499,000
Deposit Schedule
$10,000 at Signing
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 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $768,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $31,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $204,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $91,000 | $79,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $119,000 | $972,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $583,000 |
total expense investment | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $583,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $33,000 | $21,000 | $25,000 | $30,000 | $34,000 | $39,000 | $44,000 | $49,000 | $55,000 | $60,000 | $390,000 |
cumulative roi | $156 | $146 | $145 | $147 | $149 | $152 | $155 | $159 | $163 | $167 | $2,000 |
Exchange Signature Residences
Address: Mississauga, Ontario
Price Range: $881,000 - $1,315,000
Avail. suites: 11
1—5 bd
420—7800 SqFt