Suite number:
2M+D
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1091 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,285,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.49%
Cumulative Return on Investment in Year 5
118.23%
Property Price at the End of Year 5
$1,656,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$64,250
5% in 365 days
$64,250
5% on Occupancy
$64,250
Net Gain (Loss)
Get Expert Advice
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 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $848,000 |
| rent income | - | - | $3,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $258,000 |
| mortgage principal reduction | - | - | $1,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $130,000 |
| deposit interest | $7,000 | $13,000 | $8,000 | - | - | - | - | - | - | - | $28,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $84,000 | $110,000 | $126,000 | $132,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $1,289,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $129,000 | $64,000 | - | - | - | - | - | - | - | - | $193,000 |
| remaining balance payment | - | - | $64,000 | - | - | - | - | - | - | - | $64,000 |
| closing cost | - | - | $63,000 | - | - | - | - | - | - | - | $63,000 |
| operating expense | - | - | $1,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $120,000 |
| mortgage payment | - | - | $5,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $456,000 |
| total expense investment | $129,000 | $64,000 | $134,000 | $80,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $896,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$54,993 | $19,000 | -$23,324 | $46,000 | $51,000 | $57,000 | $64,000 | $71,000 | $78,000 | $85,000 | $393,000 |
| cumulative roi | $57 | $82 | $91 | $106 | $118 | $130 | $140 | $150 | $160 | $170 | $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