Suite number:
C-494
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
494 sqft
Occupancy Date:
Jan 2029
Price, CAD
$643,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
38.82%
Cumulative Return on Investment in Year 5
122.20%
Property Price at the End of Year 5
$830,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$32,195
2.5% in 125 days
$16,098
2.5% in 270 days
$16,098
2.5% in 292 days
$16,098
2.5% in 760 days
$16,098
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $425,000 |
| rent income | - | - | - | - | $16,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $114,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $53,000 |
| deposit interest | -$4,420 | $4,000 | $6,000 | $5,000 | $124 | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $29,000 | $39,000 | $43,000 | $44,000 | $88,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $626,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $80,000 | - | $16,000 | - | $32,000 | - | - | - | - | - | $129,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $50,000 | - | - | - | - | - | $50,000 |
| operating expense | - | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $48,000 |
| mortgage payment | - | - | - | - | $30,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $191,000 |
| total expense investment | $80,000 | - | $16,000 | - | $119,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $417,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$51,520 | $39,000 | $27,000 | $44,000 | -$30,381 | $29,000 | $33,000 | $36,000 | $40,000 | $43,000 | $209,000 |
| cumulative roi | $41 | $85 | $115 | $161 | $122 | $134 | $145 | $155 | $166 | $176 | $1,000 |
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
271—989 SqFt