Suite number:
Indigo
Project:
Address:
Mississauga, Ontario
Developer:
Branthaven
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
520 sqft
Occupancy Date:
Mar 2027
$599,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.90%
Cumulative Return on Investment in Year 5
100.89%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,995
2.5% in 180 days
$14,998
2.5% in 270 days
$14,998
5% on Occupancy
$29,995
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | - | - | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $108,000 |
mortgage principal reduction | - | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $69,000 |
deposit interest | $2,000 | $3,000 | $959 | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $36,000 | $73,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $603,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | - | $30,000 | - | - | - | - | - | - | - | $90,000 |
remaining balance payment | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
closing cost | - | - | $47,000 | - | - | - | - | - | - | - | $47,000 |
operating expense | - | - | $5,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $61,000 |
mortgage payment | - | - | $19,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $224,000 |
total expense investment | $60,000 | - | $132,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $452,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$26,654 | $36,000 | -$58,940 | $20,000 | $23,000 | $26,000 | $28,000 | $31,000 | $35,000 | $38,000 | $152,000 |
cumulative roi | $56 | $115 | $76 | $89 | $101 | $111 | $121 | $130 | $139 | $148 | $1,000 |
High Line Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $973,000
Avail. suites: 23
1—2.5 bd
480—970 SqFt