Suite number:
121 - TH-Q
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3.5
Size:
1369 sqft
Occupancy Date:
Jan 2028
Price, CAD
$1,489,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.47%
Cumulative Return on Investment in Year 5
107.00%
Property Price at the End of Year 5
$1,920,000
Deposit Schedule
$5,000 at Signing
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 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $111,000 | $116,000 | $122,000 | $984,000 |
rent income | - | - | $20,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $408,000 |
mortgage principal reduction | - | - | $8,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $160,000 |
deposit interest | $259 | $260 | $131 | - | - | - | - | - | - | - | $650 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $78,000 | $82,000 | $137,000 | $158,000 | $165,000 | $173,000 | $182,000 | $191,000 | $200,000 | $210,000 | $1,576,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | - | - | $293,000 | - | - | - | - | - | - | - | $293,000 |
closing cost | - | - | $67,000 | - | - | - | - | - | - | - | $67,000 |
operating expense | - | - | $8,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $153,000 |
mortgage payment | - | - | $31,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $553,000 |
total expense investment | $5,000 | - | $399,000 | $94,000 | $94,000 | $95,000 | $95,000 | $96,000 | $96,000 | $97,000 | $1,071,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $73,000 | $82,000 | -$261,422 | $64,000 | $71,000 | $79,000 | $87,000 | $95,000 | $104,000 | $113,000 | $505,000 |
cumulative roi | $2,000 | $3,000 | $73 | $91 | $107 | $122 | $136 | $150 | $164 | $177 | $6,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt