Suite number:
GPH29
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
3.5
Bedrooms:
3
Size:
1621 sqft
Occupancy Date:
Jun 2028
Price, CAD
$2,525,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.55%
Cumulative Return on Investment in Year 5
119.98%
Property Price at the End of Year 5
$3,253,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$126,250
5% in 365 days
$126,250
5% on Occupancy
$126,250
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 | $131,000 | $138,000 | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $187,000 | $197,000 | $207,000 | $1,667,000 |
| rent income | - | - | $5,000 | $57,000 | $59,000 | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $458,000 |
| mortgage principal reduction | - | - | $3,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $256,000 |
| deposit interest | $13,000 | $26,000 | $16,000 | - | - | - | - | - | - | - | $56,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $144,000 | $164,000 | $193,000 | $241,000 | $253,000 | $265,000 | $279,000 | $292,000 | $307,000 | $322,000 | $2,461,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $253,000 | $126,000 | - | - | - | - | - | - | - | - | $379,000 |
| remaining balance payment | - | - | $126,000 | - | - | - | - | - | - | - | $126,000 |
| closing cost | - | - | $90,000 | - | - | - | - | - | - | - | $90,000 |
| operating expense | - | - | $2,000 | $26,000 | $27,000 | $28,000 | $28,000 | $29,000 | $29,000 | $30,000 | $200,000 |
| mortgage payment | - | - | $11,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $126,000 | $896,000 |
| total expense investment | $253,000 | $126,000 | $229,000 | $153,000 | $153,000 | $154,000 | $155,000 | $155,000 | $156,000 | $157,000 | $1,690,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$108,060 | $38,000 | -$36,039 | $88,000 | $100,000 | $111,000 | $124,000 | $137,000 | $151,000 | $165,000 | $770,000 |
| cumulative roi | $57 | $82 | $92 | $107 | $120 | $131 | $142 | $152 | $162 | $171 | $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