Suite number:
Galaxy
Project:
Address:
Mississauga, Ontario
Developer:
Branthaven
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
560 sqft
Occupancy Date:
Mar 2027
Price, CAD
$660,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.50%
Cumulative Return on Investment in Year 5
111.61%
Property Price at the End of Year 5
$851,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$33,045
2.5% in 180 days
$16,523
2.5% in 270 days
$16,523
5% on Occupancy
$33,045
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $436,000 |
| rent income | - | - | $13,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $174,000 |
| mortgage principal reduction | - | - | $6,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $82,000 |
| deposit interest | $2,000 | $3,000 | $1,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $40,000 | $82,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $92,000 | $723,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $66,000 | - | $33,000 | - | - | - | - | - | - | - | $99,000 |
| remaining balance payment | - | - | $33,000 | - | - | - | - | - | - | - | $33,000 |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $71,000 |
| mortgage payment | - | - | $20,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $232,000 |
| total expense investment | $66,000 | - | $141,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $41,000 | $484,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,366 | $40,000 | -$58,154 | $31,000 | $34,000 | $37,000 | $41,000 | $44,000 | $48,000 | $52,000 | $239,000 |
| cumulative roi | $56 | $115 | $79 | $96 | $112 | $126 | $141 | $155 | $168 | $182 | $1,000 |
High Line Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $973,000
Avail. suites: 23
1—2.5 bd
480—970 SqFt