Suite number:
1GZD+D (B)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
498 sqft
Occupancy Date:
Nov 2028
Price, CAD
$537,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.17%
Cumulative Return on Investment in Year 5
98.92%
Property Price at the End of Year 5
$693,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$26,895
5% in 365 days
$26,895
5% in 1000 days
$26,895
20% on Occupancy
$107,580
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 | $28,000 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $355,000 |
| rent income | - | - | - | $12,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $131,000 |
| mortgage principal reduction | - | - | - | $4,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $47,000 |
| deposit interest | -$2 | $3,000 | $6,000 | $1,000 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $28,000 | $32,000 | $37,000 | $73,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $567,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $27,000 | $27,000 | $27,000 | $108,000 | - | - | - | - | - | - | $188,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $48,000 | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $49,000 |
| mortgage payment | - | - | - | $17,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $166,000 |
| total expense investment | $27,000 | $27,000 | $27,000 | $177,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $451,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $995 | $5,000 | $10,000 | -$103,167 | $27,000 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $115,000 |
| cumulative roi | $104 | $112 | $120 | $85 | $99 | $113 | $126 | $139 | $153 | $166 | $1,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt