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
25.22%
Cumulative Return on Investment in Year 5
116.42%
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 | $90,000 | $95,000 | $100,000 | $105,000 | $111,000 | $117,000 | $123,000 | $987,000 |
| rent income | - | - | $12,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $313,000 |
| mortgage principal reduction | - | - | $6,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $158,000 |
| deposit interest | $4,000 | $19,000 | $8,000 | - | - | - | - | - | - | - | $31,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $81,000 | $101,000 | $136,000 | $147,000 | $154,000 | $162,000 | $170,000 | $178,000 | $187,000 | $196,000 | $1,512,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $75,000 | $150,000 | - | - | - | - | - | - | - | - | $224,000 |
| remaining balance payment | - | - | $75,000 | - | - | - | - | - | - | - | $75,000 |
| closing cost | - | - | $67,000 | - | - | - | - | - | - | - | $67,000 |
| operating expense | - | - | $6,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $132,000 |
| mortgage payment | - | - | $25,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $549,000 |
| total expense investment | $75,000 | $150,000 | $172,000 | $92,000 | $92,000 | $93,000 | $93,000 | $93,000 | $94,000 | $94,000 | $1,047,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $7,000 | -$48,301 | -$36,162 | $55,000 | $62,000 | $69,000 | $77,000 | $85,000 | $93,000 | $102,000 | $465,000 |
| cumulative roi | $109 | $81 | $88 | $103 | $116 | $128 | $140 | $150 | $161 | $172 | $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