Suite number:
1B+D (Podium)
Project:
Address:
Mississauga, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
531 sqft
Occupancy Date:
Jan 2027
Price, CAD
$653,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.91%
Cumulative Return on Investment in Year 5
100.68%
Property Price at the End of Year 5
$843,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$32,700
5% in 360 days
$32,700
0% in 687 days
$1,000
5% on Occupancy
$32,700
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $432,000 |
| rent income | - | $2,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $175,000 |
| mortgage principal reduction | - | $658 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $78,000 |
| deposit interest | $2,000 | $3,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $36,000 | $41,000 | $88,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $713,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $65,000 | $34,000 | - | - | - | - | - | - | - | - | $99,000 |
| remaining balance payment | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
| closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | $694 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $73,000 |
| mortgage payment | - | $3,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $265,000 |
| total expense investment | $65,000 | $119,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $519,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,880 | -$77,804 | $47,000 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $43,000 | $47,000 | $194,000 |
| cumulative roi | $54 | $42 | $73 | $87 | $101 | $113 | $125 | $136 | $148 | $159 | $1,000 |
Above Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $1,376,000
Avail. suites: 23
0—3 bd
338—1319 SqFt