Suite number:
Residence 01 (2BR+D)
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1085 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,124,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.51%
Cumulative Return on Investment in Year 5
97.76%
Property Price at the End of Year 5
$1,449,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$56,245
15% on Occupancy
$168,735
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 | $58,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $742,000 |
rent income | $28,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $447,000 |
mortgage principal reduction | $10,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $168,000 |
deposit interest | $27 | - | - | - | - | - | - | - | - | - | $27 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $121,000 | $115,000 | $121,000 | $126,000 | $133,000 | $139,000 | $146,000 | $153,000 | $160,000 | $168,000 | $1,382,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $225,000 | - | - | - | - | - | - | - | - | - | $225,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
operating expense | $12,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $166,000 |
mortgage payment | $42,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $549,000 |
total expense investment | $338,000 | $72,000 | $72,000 | $73,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $1,000,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$217,093 | $43,000 | $48,000 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $86,000 | $93,000 | $382,000 |
cumulative roi | $30 | $50 | $67 | $83 | $98 | $112 | $126 | $141 | $155 | $170 | $1,000 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt