Suite number:
Amethyst B³
Project:
Address:
Mississauga, Ontario
Developer:
Solmar Development Corp
Property type:
condo
Floor plan:
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
21.60%
Cumulative Return on Investment in Year 5
99.89%
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 | - | $2,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $230,000 |
| mortgage principal reduction | - | $1,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $129,000 |
| deposit interest | $3,000 | $5,000 | - | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $59,000 | $68,000 | $124,000 | $105,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $1,108,000 |
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 | - | $59,000 | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | - | $919 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $97,000 |
| mortgage payment | - | $5,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $440,000 |
| total expense investment | $54,000 | $227,000 | $65,000 | $66,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $812,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$159,486 | $59,000 | $40,000 | $45,000 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $295,000 |
| cumulative roi | $108 | $46 | $73 | $87 | $100 | $112 | $123 | $133 | $143 | $154 | $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