Suite number:
2501 - 1I
Project:
Address:
Brampton, Ontario
Developer:
Brixen Developments Inc
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
522 sqft
Occupancy Date:
Jan 2025
Price, CAD
$613,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.96%
Cumulative Return on Investment in Year 5
85.14%
Property Price at the End of Year 5
$791,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 10029 days
$61,399
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 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $405,000 |
| rent income | $11,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $147,000 |
| mortgage principal reduction | $7,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $97,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $673,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| remaining balance payment | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $79,000 |
| mortgage payment | $27,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $296,000 |
| total expense investment | $204,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $546,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$129,986 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $127,000 |
| cumulative roi | $33 | $49 | $62 | $74 | $85 | $95 | $105 | $114 | $124 | $133 | $874 |
Duo Condos
Address: Brampton, Ontario
Price Range: $590,000 - $1,100,000
Avail. suites: 22
0—2.5 bd
413—1114 SqFt