Suite number:
3A
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
1521 sqft
Occupancy Date:
Jun 2028
Price, CAD
$2,170,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.65%
Cumulative Return on Investment in Year 5
120.98%
Property Price at the End of Year 5
$2,796,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$108,500
5% in 365 days
$108,500
5% on Occupancy
$108,500
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 | $113,000 | $119,000 | $125,000 | $131,000 | $138,000 | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $1,433,000 |
rent income | - | - | $4,000 | $53,000 | $56,000 | $58,000 | $60,000 | $63,000 | $66,000 | $69,000 | $429,000 |
mortgage principal reduction | - | - | $2,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $220,000 |
deposit interest | $11,000 | $23,000 | $14,000 | - | - | - | - | - | - | - | $48,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $124,000 | $141,000 | $170,000 | $212,000 | $222,000 | $233,000 | $244,000 | $256,000 | $269,000 | $282,000 | $2,154,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $217,000 | $109,000 | - | - | - | - | - | - | - | - | $326,000 |
remaining balance payment | - | - | $109,000 | - | - | - | - | - | - | - | $109,000 |
closing cost | - | - | $81,000 | - | - | - | - | - | - | - | $81,000 |
operating expense | - | - | $2,000 | $24,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $183,000 |
mortgage payment | - | - | $9,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $770,000 |
total expense investment | $217,000 | $109,000 | $201,000 | $133,000 | $133,000 | $134,000 | $134,000 | $135,000 | $136,000 | $136,000 | $1,468,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$92,867 | $33,000 | -$31,141 | $79,000 | $89,000 | $99,000 | $110,000 | $121,000 | $133,000 | $146,000 | $686,000 |
cumulative roi | $57 | $82 | $92 | $108 | $121 | $133 | $144 | $155 | $165 | $175 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $1,240,000 - $2,525,000
Avail. suites: 10
1—3 bd
489—1786 SqFt