Suite number:
2JJ+D
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1082 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,540,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
27.87%
Cumulative Return on Investment in Year 5
127.59%
Property Price at the End of Year 5
$1,984,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$77,000
5% in 365 days
$77,000
5% on Occupancy
$77,000
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 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $120,000 | $126,000 | $1,016,000 |
rent income | - | - | - | $16,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $232,000 |
mortgage principal reduction | - | - | - | $9,000 | $19,000 | $20,000 | $21,000 | $22,000 | $24,000 | $25,000 | $141,000 |
deposit interest | $4,000 | $20,000 | $12,000 | $5,000 | - | - | - | - | - | - | $41,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $84,000 | $104,000 | $101,000 | $148,000 | $150,000 | $157,000 | $165,000 | $173,000 | $182,000 | $191,000 | $1,455,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $77,000 | $154,000 | - | - | - | - | - | - | - | - | $231,000 |
remaining balance payment | - | - | - | $77,000 | - | - | - | - | - | - | $77,000 |
closing cost | - | - | - | $68,000 | - | - | - | - | - | - | $68,000 |
operating expense | - | - | - | $8,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $114,000 |
mortgage payment | - | - | - | $39,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $501,000 |
total expense investment | $77,000 | $154,000 | - | $192,000 | $94,000 | $94,000 | $95,000 | $95,000 | $95,000 | $96,000 | $991,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $7,000 | -$49,777 | $101,000 | -$43,847 | $56,000 | $63,000 | $71,000 | $78,000 | $87,000 | $95,000 | $464,000 |
cumulative roi | $109 | $81 | $125 | $117 | $128 | $137 | $146 | $155 | $163 | $172 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $787,000 - $2,525,000
Avail. suites: 12
1—3 bd
489—1786 SqFt