Suite number:
0B (B)– THE BOUTIQUE COLLECTION
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
442 sqft
Occupancy Date:
Nov 2028
$522,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
38.45%
Cumulative Return on Investment in Year 5
112.13%
Property Price at the End of Year 5
$674,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$26,145
5% on Occupancy
$26,145
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 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $345,000 |
rent income | - | - | - | - | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $52,000 |
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 | $72,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $472,000 |
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 | - | - | - | - | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $36,000 |
mortgage payment | - | - | - | - | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $153,000 |
total expense investment | $26,000 | - | - | $124,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $339,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | $30,000 | $31,000 | -$91,432 | $41,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $132,000 |
cumulative roi | $109 | $223 | $343 | $84 | $112 | $121 | $128 | $136 | $143 | $150 | $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