Suite number:
B7 (Tower)
Project:
Address:
Mississauga, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
481 sqft
Occupancy Date:
Jan 2027
Price, CAD
$618,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.66%
Cumulative Return on Investment in Year 5
101.19%
Property Price at the End of Year 5
$797,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$30,950
5% in 0 days
$30,950
5% in 30 days
$30,950
5% on Occupancy
$30,950
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 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $409,000 |
| rent income | - | - | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $102,000 |
| mortgage principal reduction | - | - | $7,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $73,000 |
| deposit interest | $3,000 | $6,000 | $535 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $40,000 | $76,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $618,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $62,000 | $31,000 | $31,000 | - | - | - | - | - | - | - | $124,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $62,000 |
| mortgage payment | - | - | $25,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $236,000 |
| total expense investment | $62,000 | $31,000 | $110,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $470,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,036 | $9,000 | -$33,656 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $148,000 |
| cumulative roi | $56 | $81 | $78 | $90 | $101 | $111 | $120 | $128 | $137 | $145 | $1,000 |
Above Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $1,376,000
Avail. suites: 23
0—3 bd
338—1319 SqFt