Suite number:
1H+D (Building B-Boutique Collection)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
598 sqft
Occupancy Date:
Nov 2028
Price, CAD
$651,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.17%
Cumulative Return on Investment in Year 5
96.97%
Property Price at the End of Year 5
$840,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$32,595
5% in 365 days
$32,595
5% in 1000 days
$32,595
20% on Occupancy
$130,380
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 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $430,000 |
| rent income | - | - | - | $14,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $157,000 |
| mortgage principal reduction | - | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $56,000 |
| deposit interest | -$2 | $3,000 | $7,000 | $1,000 | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $39,000 | $44,000 | $84,000 | $71,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $679,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $33,000 | $33,000 | $33,000 | $130,000 | - | - | - | - | - | - | $228,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $60,000 |
| mortgage payment | - | - | - | $20,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $198,000 |
| total expense investment | $33,000 | $33,000 | $33,000 | $206,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $535,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | $6,000 | $12,000 | -$122,125 | $32,000 | $36,000 | $39,000 | $43,000 | $46,000 | $50,000 | $144,000 |
| cumulative roi | $104 | $112 | $120 | $82 | $97 | $111 | $125 | $138 | $152 | $166 | $1,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt