Suite number:
1FZD+D (B)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
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
21.04%
Cumulative Return on Investment in Year 5
103.47%
Property Price at the End of Year 5
$667,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$25,895
5% in 365 days
$25,895
5% in 1000 days
$25,895
20% on Occupancy
$103,580
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 | - | - | - | $3,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $113,000 |
mortgage principal reduction | - | - | - | $968 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $41,000 |
deposit interest | -$2 | $3,000 | $5,000 | $3,000 | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $27,000 | $31,000 | $35,000 | $62,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $532,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $26,000 | $26,000 | $26,000 | $104,000 | - | - | - | - | - | - | $181,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $47,000 | - | - | - | - | - | - | $47,000 |
operating expense | - | - | - | $1,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $43,000 |
mortgage payment | - | - | - | $4,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $148,000 |
total expense investment | $26,000 | $26,000 | $26,000 | $156,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $420,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $958 | $5,000 | $9,000 | -$93,673 | $25,000 | $27,000 | $30,000 | $33,000 | $36,000 | $39,000 | $112,000 |
cumulative roi | $104 | $112 | $120 | $89 | $103 | $117 | $130 | $143 | $156 | $170 | $1,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt