Suite number:
B3-1 (Tower)
Project:
Address:
Mississauga, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
445 sqft
Occupancy Date:
Jan 2028
Price, CAD
$603,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.27%
Cumulative Return on Investment in Year 5
96.64%
Property Price at the End of Year 5
$778,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$30,200
2.5% in 207 days
$15,100
5% in 572 days
$30,200
5% on Occupancy
$30,200
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 | $31,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $399,000 |
| rent income | - | - | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $90,000 |
| mortgage principal reduction | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $66,000 |
| deposit interest | -$626 | $3,000 | $2,000 | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $36,000 | $69,000 | $55,000 | $58,000 | $60,000 | $63,000 | $67,000 | $70,000 | $73,000 | $582,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $30,000 | $30,000 | - | - | - | - | - | - | - | $106,000 |
| remaining balance payment | - | - | $15,000 | - | - | - | - | - | - | - | $15,000 |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $54,000 |
| mortgage payment | - | - | $15,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $227,000 |
| total expense investment | $45,000 | $30,000 | $113,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $451,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$14,608 | $6,000 | -$43,458 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $132,000 |
| cumulative roi | $69 | $88 | $74 | $86 | $97 | $106 | $115 | $123 | $131 | $139 | $1,000 |
Above Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $1,376,000
Avail. suites: 23
0—3 bd
338—1319 SqFt