Suite number:
1C+D
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
603 sqft
Occupancy Date:
Jun 2028
$796,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.94%
Cumulative Return on Investment in Year 5
123.26%
Property Price at the End of Year 5
$1,025,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$39,800
5% in 365 days
$39,800
5% on Occupancy
$39,800
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
rent income | - | - | - | $7,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $103,000 |
mortgage principal reduction | - | - | - | $5,000 | $11,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $76,000 |
deposit interest | $2,000 | $10,000 | $6,000 | $3,000 | - | - | - | - | - | - | $22,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $43,000 | $54,000 | $52,000 | $87,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $750,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $40,000 | $80,000 | - | - | - | - | - | - | - | - | $119,000 |
remaining balance payment | - | - | - | $40,000 | - | - | - | - | - | - | $40,000 |
closing cost | - | - | - | $51,000 | - | - | - | - | - | - | $51,000 |
operating expense | - | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $62,000 |
mortgage payment | - | - | - | $19,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $252,000 |
total expense investment | $40,000 | $80,000 | - | $115,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $524,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$25,729 | $52,000 | -$27,498 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $226,000 |
cumulative roi | $109 | $81 | $125 | $113 | $123 | $132 | $140 | $148 | $156 | $163 | $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