Suite number:
C-479
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
479 sqft
Occupancy Date:
Jan 2029
$624,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
39.85%
Cumulative Return on Investment in Year 5
123.82%
Property Price at the End of Year 5
$805,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 0 days
$15,623
5% in 30 days
$31,245
2.5% in 125 days
$15,623
2.5% in 270 days
$15,623
2.5% in 760 days
$15,623
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $412,000 |
rent income | - | - | - | - | $15,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $111,000 |
mortgage principal reduction | - | - | - | - | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $53,000 |
deposit interest | -$4,380 | $4,000 | $6,000 | $5,000 | $387 | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
total income return | $28,000 | $38,000 | $42,000 | $43,000 | $87,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $611,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $78,000 | - | $16,000 | - | $31,000 | - | - | - | - | - | $125,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | $48,000 | - | - | - | - | - | $48,000 |
operating expense | - | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $47,000 |
mortgage payment | - | - | - | - | $28,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $180,000 |
total expense investment | $78,000 | - | $16,000 | - | $114,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $400,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$50,090 | $38,000 | $26,000 | $43,000 | -$26,886 | $30,000 | $33,000 | $36,000 | $39,000 | $43,000 | $211,000 |
cumulative roi | $41 | $85 | $115 | $161 | $124 | $136 | $148 | $159 | $170 | $181 | $1,000 |
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
271—989 SqFt