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
23.08%
Cumulative Return on Investment in Year 5
107.86%
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 430 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 | - | - | $17,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $33,000 | $224,000 |
| mortgage principal reduction | - | - | $8,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $108,000 |
| deposit interest | $2,000 | $8,000 | $2,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $53,000 | $61,000 | $107,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $1,010,000 |
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 | - | - | $7,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $88,000 |
| mortgage payment | - | - | $32,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $373,000 |
| total expense investment | $49,000 | $97,000 | $145,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $712,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$36,468 | -$37,364 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $69,000 | $298,000 |
| cumulative roi | $109 | $78 | $79 | $94 | $108 | $120 | $132 | $144 | $155 | $166 | $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