Suite number:
1FZD+D (B)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
471 sqft
Occupancy Date:
Nov 2028
Price, CAD
$517,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
40.25%
Cumulative Return on Investment in Year 5
117.10%
Property Price at the End of Year 5
$667,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$25,895
5% on Occupancy
$25,895
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 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $342,000 |
| rent income | - | - | - | - | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $110,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $45,000 |
| deposit interest | $1,000 | $1,000 | $1,000 | $1,000 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $28,000 | $30,000 | $31,000 | $33,000 | $80,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $526,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $26,000 | - | - | $26,000 | - | - | - | - | - | - | $52,000 |
| remaining balance payment | - | - | - | $52,000 | - | - | - | - | - | - | $52,000 |
| closing cost | - | - | - | $46,000 | - | - | - | - | - | - | $46,000 |
| operating expense | - | - | - | - | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $43,000 |
| mortgage payment | - | - | - | - | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $151,000 |
| total expense investment | $26,000 | - | - | $124,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $343,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $30,000 | $31,000 | -$90,897 | $48,000 | $27,000 | $30,000 | $32,000 | $35,000 | $38,000 | $183,000 |
| cumulative roi | $109 | $223 | $343 | $84 | $117 | $131 | $145 | $158 | $171 | $184 | $2,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt