Suite number:
B3-1 (PH)
Project:
Address:
Mississauga, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
445 sqft
Occupancy Date:
Jan 2027
Price, CAD
$638,990
Available
ROI
11,97%
Monthly Expenses
- condo fees— $325
- property taxes— $160
- property management— $53
- repairs and maintenance— $27
Total: $565
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.22%
Cumulative Return on Investment in Year 5
92.74%
Property Price at the End of Year 5
$823,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$31,950
5% in 360 days
$31,950
0% in 687 days
$1,000
5% on Occupancy
$31,950
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $422,000 |
| rent income | - | $868 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $98,000 |
| mortgage principal reduction | - | $643 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $76,000 |
| deposit interest | $2,000 | $3,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $39,000 | $79,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $624,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $64,000 | $33,000 | - | - | - | - | - | - | - | - | $97,000 |
| remaining balance payment | - | $31,000 | - | - | - | - | - | - | - | - | $31,000 |
| closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | $565 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $59,000 |
| mortgage payment | - | $3,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $259,000 |
| total expense investment | $64,000 | $117,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $496,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,194 | -$77,396 | $40,000 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $129,000 |
| cumulative roi | $54 | $42 | $71 | $82 | $93 | $102 | $111 | $119 | $127 | $135 | $935 |
Above Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $1,376,000
Avail. suites: 23
0—3 bd
338—1319 SqFt
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80% of Original Price
Options for changing mortgage terms
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