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
22.40%
Cumulative Return on Investment in Year 5
101.80%
Property Price at the End of Year 5
$1,063,000
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 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $545,000 |
| rent income | - | - | $9,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $186,000 |
| mortgage principal reduction | - | - | $4,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $88,000 |
| deposit interest | $259 | $260 | $131 | - | - | - | - | - | - | - | $650 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $45,000 | $85,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $844,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | - | - | $160,000 | - | - | - | - | - | - | - | $160,000 |
| closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $73,000 |
| mortgage payment | - | - | $17,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $306,000 |
| total expense investment | $5,000 | - | $234,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $598,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $38,000 | $45,000 | -$149,584 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $53,000 | $58,000 | $246,000 |
| cumulative roi | $868 | $2,000 | $72 | $88 | $102 | $115 | $127 | $138 | $150 | $161 | $4,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt