Suite number:
2MM
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
868 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,240,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.10%
Cumulative Return on Investment in Year 5
112.32%
Property Price at the End of Year 5
$1,597,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$62,000
5% in 365 days
$62,000
5% on Occupancy
$62,000
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 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $97,000 | $102,000 | $818,000 |
| rent income | - | - | $8,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $214,000 |
| mortgage principal reduction | - | - | $5,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $131,000 |
| deposit interest | $3,000 | $16,000 | $6,000 | - | - | - | - | - | - | - | $26,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $84,000 | $115,000 | $116,000 | $122,000 | $128,000 | $135,000 | $141,000 | $148,000 | $156,000 | $1,213,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $62,000 | $124,000 | - | - | - | - | - | - | - | - | $186,000 |
| remaining balance payment | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
| closing cost | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
| operating expense | - | - | $4,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $105,000 |
| mortgage payment | - | - | $21,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $455,000 |
| total expense investment | $62,000 | $124,000 | $149,000 | $75,000 | $76,000 | $76,000 | $76,000 | $77,000 | $77,000 | $77,000 | $870,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $6,000 | -$40,062 | -$33,804 | $41,000 | $46,000 | $52,000 | $58,000 | $64,000 | $71,000 | $78,000 | $343,000 |
| cumulative roi | $109 | $81 | $87 | $101 | $112 | $123 | $132 | $142 | $151 | $160 | $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