Suite number:

235 - 1D

Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
493 sqft
Occupancy Date:
Jan 2028
Price, CAD
$690,900
Available
ROI
13,88%
Monthly Expenses
  • condo fees— $306
  • property taxes— $173
  • property management— $59
  • repairs and maintenance— $30
Total: $567
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Investment Period: 5 years
Yearly Return on Investment in Year 5

22.75%

Cumulative Return on Investment in Year 5

107.87%

Property Price at the End of Year 5

$890,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$34,545
5% in 365 days
$34,545
5% in 662 days
$34,545
5% on Occupancy
$34,545
Net Gain (Loss)
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10-$50K-$25K$0$25K$50K
  • Net Gain Loss
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Property Price Appreciation
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10$0$15K$30K$45K$60K
  • Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$36,000$38,000$40,000$42,000$44,000$46,000$49,000$51,000$54,000$57,000$456,000
rent income---$11,000$12,000$13,000$13,000$14,000$14,000$15,000$91,000
mortgage principal reduction---$8,000$9,000$9,000$10,000$10,000$11,000$11,000$68,000
deposit interest-$2$5,000$5,000$133------$11,000
gst hst rebate---$24,000------$24,000
total income return$36,000$43,000$45,000$84,000$65,000$68,000$72,000$75,000$79,000$83,000$650,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$35,000$69,000-$35,000------$138,000
remaining balance payment-----------
closing cost---$51,000------$51,000
operating expense---$6,000$7,000$7,000$7,000$7,000$8,000$8,000$50,000
mortgage payment---$32,000$35,000$35,000$35,000$35,000$35,000$35,000$239,000
total expense investment$35,000$69,000-$123,000$42,000$42,000$42,000$42,000$42,000$42,000$479,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$1,000-$25,916$45,000-$38,960$23,000$26,000$30,000$33,000$37,000$40,000$171,000
cumulative roi$104$76$120$98$108$117$126$134$142$149$1,000
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt
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Annual Interest Rate (%)
4.75%
Vacancy Rate (%)
2.5%
Annual Growth Rate (%)
4.3%
Annual OPEX Inflation Rate (%)
2%