Suite number:
Residence 03 ( 1BR+D)
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
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
18.57%
Cumulative Return on Investment in Year 5
87.24%
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)
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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 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $924,000 |
| rent income | $13,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $256,000 |
| mortgage principal reduction | $10,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $212,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $121,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $157,000 | $165,000 | $173,000 | $1,416,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $280,000 | - | - | - | - | - | - | - | - | - | $280,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
| operating expense | $7,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $123,000 |
| mortgage payment | $40,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $653,000 |
| total expense investment | $390,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $1,119,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$268,748 | $38,000 | $44,000 | $50,000 | $56,000 | $62,000 | $68,000 | $75,000 | $83,000 | $91,000 | $297,000 |
| cumulative roi | $29 | $47 | $63 | $76 | $87 | $98 | $108 | $117 | $126 | $135 | $887 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt