Suite number:
Amethyst³
Project:
Address:
Mississauga, Ontario
Developer:
Solmar Development Corp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
883 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,147,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.32%
Cumulative Return on Investment in Year 5
93.84%
Property Price at the End of Year 5
$1,479,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$57,395
5% on Occupancy
$57,395
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 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $758,000 |
| rent income | - | $17,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $265,000 |
| mortgage principal reduction | - | $9,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $148,000 |
| deposit interest | -$3 | $2,000 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $60,000 | $115,000 | $107,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $1,196,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $57,000 | $57,000 | - | - | - | - | - | - | - | - | $115,000 |
| remaining balance payment | - | $115,000 | - | - | - | - | - | - | - | - | $115,000 |
| closing cost | - | $60,000 | - | - | - | - | - | - | - | - | $60,000 |
| operating expense | - | $8,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $111,000 |
| mortgage payment | - | $38,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $498,000 |
| total expense investment | $57,000 | $278,000 | $69,000 | $70,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $898,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$163,330 | $38,000 | $43,000 | $48,000 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $298,000 |
| cumulative roi | $104 | $50 | $67 | $81 | $94 | $106 | $117 | $127 | $138 | $148 | $1,000 |
ORO at Edge Towers
Address: Mississauga, Ontario
Price Range: $766,000 - $1,148,000
Avail. suites: 9
1—2 bd
500—883 SqFt