Suite number:
3B
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
3
Bedrooms:
3
Size:
1607 sqft
Occupancy Date:
Jun 2028
Price, CAD
$2,270,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
29.78%
Cumulative Return on Investment in Year 5
133.93%
Property Price at the End of Year 5
$2,924,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$113,500
5% in 365 days
$113,500
5% on Occupancy
$113,500
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 | $118,000 | $124,000 | $131,000 | $137,000 | $145,000 | $152,000 | $160,000 | $168,000 | $177,000 | $186,000 | $1,498,000 |
| rent income | - | - | - | $28,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $71,000 | $413,000 |
| mortgage principal reduction | - | - | - | $14,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $216,000 |
| deposit interest | $6,000 | $29,000 | $18,000 | $9,000 | - | - | - | - | - | - | $62,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $124,000 | $154,000 | $148,000 | $213,000 | $232,000 | $244,000 | $255,000 | $268,000 | $281,000 | $295,000 | $2,213,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $114,000 | $227,000 | - | - | - | - | - | - | - | - | $341,000 |
| remaining balance payment | - | - | - | $114,000 | - | - | - | - | - | - | $114,000 |
| closing cost | - | - | - | $82,000 | - | - | - | - | - | - | $82,000 |
| operating expense | - | - | - | $13,000 | $26,000 | $27,000 | $27,000 | $28,000 | $29,000 | $30,000 | $180,000 |
| mortgage payment | - | - | - | $55,000 | $110,000 | $110,000 | $110,000 | $110,000 | $110,000 | $110,000 | $718,000 |
| total expense investment | $114,000 | $227,000 | - | $264,000 | $136,000 | $137,000 | $138,000 | $139,000 | $140,000 | $141,000 | $1,434,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $10,000 | -$73,373 | $148,000 | -$50,715 | $96,000 | $107,000 | $118,000 | $129,000 | $142,000 | $154,000 | $780,000 |
| cumulative roi | $109 | $81 | $125 | $120 | $134 | $146 | $157 | $168 | $179 | $189 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $787,000 - $2,525,000
Avail. suites: 11
1—3 bd
489—1786 SqFt