Suite number:
1702 (Lyon)
Project:
Address:
Mississauga, Ontario
Developer:
Camrost Felcorp
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
2
Size:
888 sqft
Occupancy Date:
Jun 2024
Price, CAD
$1,307,400
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.68%
Cumulative Return on Investment in Year 5
148.55%
Property Price at the End of Year 5
$1,684,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -661 days
$65,370
15% on Occupancy
$196,110
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 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $863,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $33,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $24,000 | $25,000 | $26,000 | $228,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $101,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $133,000 | $1,090,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $655,000 |
total expense investment | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $655,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $35,000 | $24,000 | $28,000 | $33,000 | $38,000 | $44,000 | $49,000 | $55,000 | $61,000 | $68,000 | $436,000 |
cumulative roi | $154 | $145 | $145 | $146 | $149 | $152 | $155 | $159 | $162 | $167 | $2,000 |
Exchange Signature Residences
Address: Mississauga, Ontario
Price Range: $849,000 - $1,307,000
Avail. suites: 19
1—5 bd
420—7800 SqFt