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
22.05%
Cumulative Return on Investment in Year 5
100.94%
Property Price at the End of Year 5
$979,000
Deposit Schedule
$5,000 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 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $502,000 |
rent income | - | - | $8,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $165,000 |
mortgage principal reduction | - | - | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $81,000 |
deposit interest | $259 | $260 | $131 | - | - | - | - | - | - | - | $650 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $42,000 | $80,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $773,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | - | - | $147,000 | - | - | - | - | - | - | - | $147,000 |
closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
operating expense | - | - | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $66,000 |
mortgage payment | - | - | $16,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $282,000 |
total expense investment | $5,000 | - | $218,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $552,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $35,000 | $42,000 | -$138,635 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $221,000 |
cumulative roi | $800 | $2,000 | $72 | $87 | $101 | $113 | $125 | $136 | $147 | $158 | $3,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt