Suite number:
207 - 1F+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
554 sqft
Occupancy Date:
Jan 2028
Price, CAD
$759,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.30%
Cumulative Return on Investment in Year 5
106.22%
Property Price at the End of Year 5
$979,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$37,995
5% in 365 days
$37,995
5% in 430 days
$37,995
5% on Occupancy
$37,995
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $501,000 |
rent income | - | - | $13,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $172,000 |
mortgage principal reduction | - | - | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $85,000 |
deposit interest | $2,000 | $6,000 | $2,000 | - | - | - | - | - | - | - | $10,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $41,000 | $47,000 | $89,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $791,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $38,000 | $76,000 | $38,000 | - | - | - | - | - | - | - | $152,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
operating expense | - | - | $5,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $68,000 |
mortgage payment | - | - | $25,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $292,000 |
total expense investment | $38,000 | $76,000 | $121,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $564,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$28,513 | -$32,239 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $49,000 | $53,000 | $227,000 |
cumulative roi | $109 | $78 | $78 | $93 | $106 | $118 | $130 | $141 | $152 | $163 | $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