Suite number:
102 - 1R+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
625 sqft
Occupancy Date:
Jan 2028
Price, CAD
$824,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.68%
Cumulative Return on Investment in Year 5
107.27%
Property Price at the End of Year 5
$1,063,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$41,245
5% in 365 days
$41,245
5% in 430 days
$41,245
5% on Occupancy
$41,245
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 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $544,000 |
rent income | - | - | $15,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $193,000 |
mortgage principal reduction | - | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $92,000 |
deposit interest | $2,000 | $6,000 | $2,000 | - | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $45,000 | $52,000 | $95,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $111,000 | $864,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $41,000 | $82,000 | $41,000 | - | - | - | - | - | - | - | $165,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
operating expense | - | - | $6,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $76,000 |
mortgage payment | - | - | $28,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $317,000 |
total expense investment | $41,000 | $82,000 | $128,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $611,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$30,952 | -$33,505 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $253,000 |
cumulative roi | $109 | $78 | $79 | $94 | $107 | $120 | $132 | $143 | $154 | $166 | $1,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt