Suite number:
Amethyst B³
Project:
Address:
Mississauga, Ontario
Developer:
Solmar Development Corp
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
835 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,085,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.68%
Cumulative Return on Investment in Year 5
104.12%
Property Price at the End of Year 5
$1,399,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$54,295
5% on Occupancy
$54,295
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 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $717,000 |
| rent income | - | - | $20,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $222,000 |
| mortgage principal reduction | - | - | $12,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $129,000 |
| deposit interest | $3,000 | $6,000 | $625 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $59,000 | $65,000 | $119,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $1,100,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $54,000 | $54,000 | - | - | - | - | - | - | - | - | $109,000 |
| remaining balance payment | - | - | $109,000 | - | - | - | - | - | - | - | $109,000 |
| closing cost | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
| operating expense | - | - | $9,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $96,000 |
| mortgage payment | - | - | $44,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $414,000 |
| total expense investment | $54,000 | $54,000 | $219,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $784,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | $11,000 | -$99,889 | $41,000 | $46,000 | $51,000 | $57,000 | $62,000 | $68,000 | $74,000 | $316,000 |
| cumulative roi | $109 | $114 | $75 | $91 | $104 | $116 | $128 | $139 | $149 | $160 | $1,000 |
ORO at Edge Towers
Address: Mississauga, Ontario
Price Range: $766,000 - $1,148,000
Avail. suites: 9
1—2 bd
500—883 SqFt