Suite number:
Residence 01 (2BR+D)
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
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
21.31%
Cumulative Return on Investment in Year 5
101.27%
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)
Get Expert Advice
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 | $22,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $440,000 |
| mortgage principal reduction | $8,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $170,000 |
| deposit interest | $837 | - | - | - | - | - | - | - | - | - | $837 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $114,000 | $115,000 | $121,000 | $127,000 | $133,000 | $139,000 | $146,000 | $153,000 | $161,000 | $168,000 | $1,378,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $225,000 | - | - | - | - | - | - | - | - | - | $225,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | $9,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $20,000 | $169,000 |
| mortgage payment | $32,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $524,000 |
| total expense investment | $324,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $74,000 | $74,000 | $75,000 | $976,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$210,057 | $45,000 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $80,000 | $86,000 | $93,000 | $401,000 |
| cumulative roi | $31 | $51 | $69 | $86 | $101 | $116 | $131 | $146 | $161 | $176 | $1,000 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt