Suite number:
125 - TH-E
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
994 sqft
Occupancy Date:
Jan 2028
Price, CAD
$1,209,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.98%
Cumulative Return on Investment in Year 5
110.55%
Property Price at the End of Year 5
$1,559,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$60,495
5% in 365 days
$60,495
5% in 430 days
$60,495
5% on Occupancy
$60,495
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 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $798,000 |
rent income | - | - | $23,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $308,000 |
mortgage principal reduction | - | - | $10,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $135,000 |
deposit interest | $3,000 | $9,000 | $3,000 | - | - | - | - | - | - | - | $15,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $66,000 | $76,000 | $130,000 | $124,000 | $130,000 | $137,000 | $144,000 | $151,000 | $158,000 | $166,000 | $1,280,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | $121,000 | $60,000 | - | - | - | - | - | - | - | $242,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $61,000 | - | - | - | - | - | - | - | $61,000 |
operating expense | - | - | $9,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $118,000 |
mortgage payment | - | - | $40,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $465,000 |
total expense investment | $60,000 | $121,000 | $172,000 | $75,000 | $75,000 | $76,000 | $76,000 | $76,000 | $77,000 | $77,000 | $886,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $5,000 | -$45,399 | -$41,838 | $49,000 | $55,000 | $61,000 | $67,000 | $74,000 | $81,000 | $88,000 | $395,000 |
cumulative roi | $108 | $78 | $80 | $96 | $111 | $124 | $137 | $149 | $161 | $174 | $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