Suite number:
1C+D
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
603 sqft
Occupancy Date:
Jun 2028
Price, CAD
$796,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.80%
Cumulative Return on Investment in Year 5
113.99%
Property Price at the End of Year 5
$1,026,000
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 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $526,000 |
rent income | - | - | - | $13,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $111,000 |
mortgage principal reduction | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $79,000 |
deposit interest | $4,000 | $8,000 | $6,000 | $17 | - | - | - | - | - | - | $19,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $52,000 | $52,000 | $94,000 | $76,000 | $79,000 | $83,000 | $88,000 | $92,000 | $96,000 | $758,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $80,000 | $40,000 | - | - | - | - | - | - | - | - | $119,000 |
remaining balance payment | - | - | - | $40,000 | - | - | - | - | - | - | $40,000 |
closing cost | - | - | - | $53,000 | - | - | - | - | - | - | $53,000 |
operating expense | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $64,000 |
mortgage payment | - | - | - | $37,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $276,000 |
total expense investment | $80,000 | $40,000 | - | $137,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $552,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$33,700 | $12,000 | $52,000 | -$43,043 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $206,000 |
cumulative roi | $58 | $82 | $125 | $104 | $114 | $123 | $131 | $139 | $147 | $154 | $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