Suite number:
Galaxy
Project:
Address:
Mississauga, Ontario
Developer:
Branthaven
Property type:
condo
Floor plan:
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
21.58%
Cumulative Return on Investment in Year 5
102.01%
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 | - | - | $15,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $176,000 |
mortgage principal reduction | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $75,000 |
deposit interest | -$1,170 | $3,000 | $629 | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $40,000 | $83,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $91,000 | $713,000 |
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 | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
operating expense | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $70,000 |
mortgage payment | - | - | $25,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $256,000 |
total expense investment | $66,000 | - | $147,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $509,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$32,991 | $40,000 | -$63,923 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $205,000 |
cumulative roi | $52 | $110 | $73 | $88 | $102 | $115 | $127 | $140 | $152 | $164 | $1,000 |
High Line Condos
Address: Mississauga, Ontario
Price Range: $605,000 - $973,000
Avail. suites: 23
1—2.5 bd
480—970 SqFt