Suite number:
B5 (Tower)
Project:
Address:
Mississauga, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
459 sqft
Occupancy Date:
Jan 2028
Price, CAD
$599,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.95%
Cumulative Return on Investment in Year 5
95.64%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$30,000
2.5% in 180 days
$15,000
5% in 545 days
$30,000
5% on Occupancy
$30,000
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | - | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $95,000 |
| mortgage principal reduction | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $67,000 |
| deposit interest | -$193 | $3,000 | $986 | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $36,000 | $72,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $586,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $30,000 | $30,000 | - | - | - | - | - | - | - | $105,000 |
| remaining balance payment | - | - | $15,000 | - | - | - | - | - | - | - | $15,000 |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $56,000 |
| mortgage payment | - | - | $20,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $230,000 |
| total expense investment | $45,000 | $30,000 | $119,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $456,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$14,082 | $6,000 | -$46,978 | $18,000 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $130,000 |
| cumulative roi | $69 | $89 | $73 | $85 | $96 | $105 | $114 | $122 | $131 | $139 | $1,000 |
Above Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $1,376,000
Avail. suites: 23
0—3 bd
338—1319 SqFt