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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.02%
Cumulative Return on Investment in Year 5
114.46%
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
5% in 241 days
$32,195
2.5% in 760 days
$16,098
2.5% in 1125 days
$16,098
5% on Occupancy
$32,195
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 | - | - | - | $13,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $132,000 |
| mortgage principal reduction | - | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $62,000 |
| deposit interest | $1,000 | $3,000 | $4,000 | $2,000 | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $39,000 | $41,000 | $84,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $654,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $64,000 | - | $16,000 | $48,000 | - | - | - | - | - | - | $129,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $55,000 |
| mortgage payment | - | - | - | $24,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $218,000 |
| total expense investment | $64,000 | - | $16,000 | $128,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $451,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,546 | $39,000 | $25,000 | -$44,255 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $202,000 |
| cumulative roi | $54 | $114 | $142 | $101 | $114 | $126 | $138 | $149 | $159 | $170 | $1,000 |
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
313—1902 SqFt