Suite number:
226 - 1N+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
Size:
594 sqft
Occupancy Date:
Jan 2028
Price, CAD
$839,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.25%
Cumulative Return on Investment in Year 5
101.01%
Property Price at the End of Year 5
$1,083,000
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 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $555,000 |
| rent income | - | - | $9,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $177,000 |
| mortgage principal reduction | - | - | $4,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $90,000 |
| deposit interest | $259 | $260 | $131 | - | - | - | - | - | - | - | $650 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $46,000 | $85,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $846,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | - | - | $163,000 | - | - | - | - | - | - | - | $163,000 |
| closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
| operating expense | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $71,000 |
| mortgage payment | - | - | $18,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $312,000 |
| total expense investment | $5,000 | - | $238,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $605,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $39,000 | $46,000 | -$152,589 | $32,000 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $58,000 | $242,000 |
| cumulative roi | $884 | $2,000 | $72 | $88 | $101 | $113 | $125 | $136 | $147 | $158 | $4,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt