Suite number:
2EE+DB
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1064 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,495,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.04%
Cumulative Return on Investment in Year 5
119.89%
Property Price at the End of Year 5
$1,926,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$74,750
5% in 365 days
$74,750
5% on Occupancy
$74,750
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 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $111,000 | $117,000 | $123,000 | $987,000 |
| rent income | - | - | $3,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $300,000 |
| mortgage principal reduction | - | - | $2,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $152,000 |
| deposit interest | $8,000 | $16,000 | $10,000 | - | - | - | - | - | - | - | $33,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $86,000 | $97,000 | $124,000 | $146,000 | $154,000 | $161,000 | $169,000 | $177,000 | $186,000 | $195,000 | $1,496,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $150,000 | $75,000 | - | - | - | - | - | - | - | - | $224,000 |
| remaining balance payment | - | - | $75,000 | - | - | - | - | - | - | - | $75,000 |
| closing cost | - | - | $67,000 | - | - | - | - | - | - | - | $67,000 |
| operating expense | - | - | $1,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $127,000 |
| mortgage payment | - | - | $6,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $530,000 |
| total expense investment | $150,000 | $75,000 | $149,000 | $92,000 | $92,000 | $92,000 | $93,000 | $93,000 | $94,000 | $94,000 | $1,024,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$63,980 | $23,000 | -$24,873 | $55,000 | $62,000 | $69,000 | $76,000 | $84,000 | $92,000 | $101,000 | $473,000 |
| cumulative roi | $57 | $82 | $91 | $107 | $120 | $132 | $143 | $153 | $164 | $174 | $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