Suite number:
Residence 03 ( 1BR+D)
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
630 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,399,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.85%
Cumulative Return on Investment in Year 5
84.16%
Property Price at the End of Year 5
$1,803,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$69,995
15% on Occupancy
$209,985
Net Gain (Loss)
Get Expert Advice
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 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $924,000 |
| rent income | $16,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $260,000 |
| mortgage principal reduction | $13,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $209,000 |
| deposit interest | $34 | - | - | - | - | - | - | - | - | - | $34 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $126,000 | $117,000 | $123,000 | $129,000 | $136,000 | $142,000 | $149,000 | $157,000 | $165,000 | $173,000 | $1,417,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $280,000 | - | - | - | - | - | - | - | - | - | $280,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | $8,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $120,000 |
| mortgage payment | $53,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $684,000 |
| total expense investment | $406,000 | $81,000 | $82,000 | $82,000 | $82,000 | $83,000 | $83,000 | $83,000 | $83,000 | $84,000 | $1,149,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$279,892 | $36,000 | $41,000 | $47,000 | $53,000 | $60,000 | $67,000 | $74,000 | $81,000 | $89,000 | $268,000 |
| cumulative roi | $28 | $46 | $61 | $73 | $84 | $94 | $104 | $113 | $122 | $131 | $857 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt