Suite number:
216 - 2J+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
887 sqft
Occupancy Date:
Jan 2028
Price, CAD
$1,149,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.30%
Cumulative Return on Investment in Year 5
103.33%
Property Price at the End of Year 5
$1,482,000
Deposit Schedule
$5,000 at Signing
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 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $760,000 |
| rent income | - | - | $13,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $264,000 |
| mortgage principal reduction | - | - | $6,000 | $14,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $123,000 |
| deposit interest | $259 | $260 | $131 | - | - | - | - | - | - | - | $650 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $60,000 | $63,000 | $109,000 | $116,000 | $121,000 | $127,000 | $134,000 | $140,000 | $147,000 | $154,000 | $1,172,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | - | - | $225,000 | - | - | - | - | - | - | - | $225,000 |
| closing cost | - | - | $60,000 | - | - | - | - | - | - | - | $60,000 |
| operating expense | - | - | $5,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $103,000 |
| mortgage payment | - | - | $24,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $427,000 |
| total expense investment | $5,000 | - | $314,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $73,000 | $820,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $55,000 | $63,000 | -$205,268 | $45,000 | $50,000 | $56,000 | $62,000 | $68,000 | $75,000 | $82,000 | $351,000 |
| cumulative roi | $1,000 | $2,000 | $73 | $89 | $103 | $116 | $129 | $141 | $153 | $164 | $5,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt