Suite number:
2Z
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1000 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,405,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.26%
Cumulative Return on Investment in Year 5
116.65%
Property Price at the End of Year 5
$1,810,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$70,250
5% in 365 days
$70,250
5% on Occupancy
$70,250
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 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $110,000 | $115,000 | $928,000 |
rent income | - | - | $2,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $236,000 |
mortgage principal reduction | - | - | $1,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $143,000 |
deposit interest | $7,000 | $15,000 | $9,000 | - | - | - | - | - | - | - | $31,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $80,000 | $91,000 | $118,000 | $132,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $176,000 | $1,362,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $141,000 | $70,000 | - | - | - | - | - | - | - | - | $211,000 |
remaining balance payment | - | - | $70,000 | - | - | - | - | - | - | - | $70,000 |
closing cost | - | - | $65,000 | - | - | - | - | - | - | - | $65,000 |
operating expense | - | - | $1,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $115,000 |
mortgage payment | - | - | $6,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $498,000 |
total expense investment | $141,000 | $70,000 | $142,000 | $86,000 | $86,000 | $86,000 | $87,000 | $87,000 | $87,000 | $88,000 | $960,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$60,128 | $21,000 | -$24,585 | $46,000 | $52,000 | $59,000 | $66,000 | $73,000 | $80,000 | $88,000 | $402,000 |
cumulative roi | $57 | $82 | $91 | $105 | $117 | $127 | $137 | $146 | $155 | $164 | $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