Suite number:
223 - 2C
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
708 sqft
Occupancy Date:
Jan 2028
Price, CAD
$989,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.34%
Cumulative Return on Investment in Year 5
104.26%
Property Price at the End of Year 5
$1,275,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$49,495
5% in 365 days
$49,495
5% in 430 days
$49,495
5% on Occupancy
$49,495
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $653,000 |
| rent income | - | - | $14,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $184,000 |
| mortgage principal reduction | - | - | $8,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $110,000 |
| deposit interest | $2,000 | $8,000 | $3,000 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $54,000 | $62,000 | $105,000 | $94,000 | $98,000 | $103,000 | $108,000 | $114,000 | $119,000 | $125,000 | $984,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | $99,000 | $49,000 | - | - | - | - | - | - | - | $198,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
| operating expense | - | - | $7,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $84,000 |
| mortgage payment | - | - | $33,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $380,000 |
| total expense investment | $49,000 | $99,000 | $146,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $61,000 | $719,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$37,144 | -$40,712 | $34,000 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $265,000 |
| cumulative roi | $109 | $78 | $78 | $92 | $104 | $115 | $125 | $135 | $145 | $154 | $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