Suite number:
309 - 2A+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
724 sqft
Occupancy Date:
Jan 2028
Price, CAD
$971,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.05%
Cumulative Return on Investment in Year 5
115.47%
Property Price at the End of Year 5
$1,252,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$48,595
5% in 365 days
$48,595
5% in 662 days
$48,595
5% on Occupancy
$48,595
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 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $641,000 |
| rent income | - | - | - | $23,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $199,000 |
| mortgage principal reduction | - | - | - | $11,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $96,000 |
| deposit interest | -$3 | $8,000 | $8,000 | $187 | - | - | - | - | - | - | $15,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $50,000 | $61,000 | $64,000 | $117,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $975,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | $97,000 | - | $49,000 | - | - | - | - | - | - | $194,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | - | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $79,000 |
| mortgage payment | - | - | - | $45,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $337,000 |
| total expense investment | $49,000 | $97,000 | - | $159,000 | $60,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $666,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$36,457 | $64,000 | -$42,214 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $309,000 |
| cumulative roi | $104 | $76 | $120 | $102 | $115 | $128 | $140 | $151 | $162 | $173 | $1,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt