Suite number:
Azure
Project:
Address:
Mississauga, Ontario
Developer:
Branthaven
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
510 sqft
Occupancy Date:
Mar 2027
Price, CAD
$604,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.91%
Cumulative Return on Investment in Year 5
95.00%
Property Price at the End of Year 5
$779,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,245
2.5% in 180 days
$15,123
2.5% in 270 days
$15,123
5% on Occupancy
$30,245
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 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $399,000 |
rent income | - | - | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $107,000 |
mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $68,000 |
deposit interest | -$1,071 | $3,000 | $576 | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $30,000 | $36,000 | $74,000 | $57,000 | $59,000 | $62,000 | $66,000 | $69,000 | $72,000 | $76,000 | $601,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | - | $30,000 | - | - | - | - | - | - | - | $91,000 |
remaining balance payment | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
operating expense | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $59,000 |
mortgage payment | - | - | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $235,000 |
total expense investment | $60,000 | - | $138,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $464,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,196 | $36,000 | -$63,645 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $138,000 |
cumulative roi | $52 | $110 | $71 | $84 | $95 | $105 | $114 | $123 | $132 | $141 | $1,000 |
High Line Condos
Address: Mississauga, Ontario
Price Range: $605,000 - $973,000
Avail. suites: 23
1—2.5 bd
480—970 SqFt