Suite number:
2W+D
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
910 sqft
Occupancy Date:
Jun 2028
$1,325,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
27.99%
Cumulative Return on Investment in Year 5
128.62%
Property Price at the End of Year 5
$1,707,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$66,250
5% in 365 days
$66,250
5% on Occupancy
$66,250
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 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $874,000 |
rent income | - | - | - | $13,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $195,000 |
mortgage principal reduction | - | - | - | $8,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $126,000 |
deposit interest | $3,000 | $17,000 | $10,000 | $5,000 | - | - | - | - | - | - | $36,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $72,000 | $90,000 | $87,000 | $131,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $164,000 | $1,256,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $66,000 | $133,000 | - | - | - | - | - | - | - | - | $199,000 |
remaining balance payment | - | - | - | $66,000 | - | - | - | - | - | - | $66,000 |
closing cost | - | - | - | $62,000 | - | - | - | - | - | - | $62,000 |
operating expense | - | - | - | $7,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $99,000 |
mortgage payment | - | - | - | $32,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $419,000 |
total expense investment | $66,000 | $133,000 | - | $167,000 | $79,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $845,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $6,000 | -$42,828 | $87,000 | -$36,338 | $50,000 | $56,000 | $63,000 | $69,000 | $76,000 | $83,000 | $411,000 |
cumulative roi | $109 | $81 | $125 | $117 | $129 | $139 | $148 | $157 | $165 | $174 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $787,000 - $2,525,000
Avail. suites: 11
1—3 bd
489—1786 SqFt