Suite number:
Apple
Project:
Address:
Mississauga, Ontario
Developer:
Branthaven
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
665 sqft
Occupancy Date:
Mar 2027
Price, CAD
$753,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.38%
Cumulative Return on Investment in Year 5
99.82%
Property Price at the End of Year 5
$971,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$37,695
2.5% in 180 days
$18,848
2.5% in 270 days
$18,848
5% on Occupancy
$37,695
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 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $498,000 |
rent income | - | - | $15,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $175,000 |
mortgage principal reduction | - | - | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $85,000 |
deposit interest | -$1,335 | $4,000 | $718 | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $38,000 | $45,000 | $90,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $785,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $75,000 | - | $38,000 | - | - | - | - | - | - | - | $113,000 |
remaining balance payment | - | - | $38,000 | - | - | - | - | - | - | - | $38,000 |
closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
operating expense | - | - | $7,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $79,000 |
mortgage payment | - | - | $28,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $293,000 |
total expense investment | $75,000 | - | $163,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $574,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$37,634 | $45,000 | -$73,187 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $210,000 |
cumulative roi | $52 | $110 | $72 | $87 | $100 | $112 | $123 | $134 | $144 | $155 | $1,000 |
High Line Condos
Address: Mississauga, Ontario
Price Range: $605,000 - $973,000
Avail. suites: 23
1—2.5 bd
480—970 SqFt