Suite number:
Residence 01- Floor 33-35
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1000 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,154,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.92%
Cumulative Return on Investment in Year 5
94.82%
Property Price at the End of Year 5
$1,488,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$57,745
15% on Occupancy
$173,235
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 | $60,000 | $63,000 | $66,000 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $762,000 |
| rent income | $26,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $412,000 |
| mortgage principal reduction | $11,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $173,000 |
| deposit interest | $28 | - | - | - | - | - | - | - | - | - | $28 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $121,000 | $114,000 | $120,000 | $125,000 | $131,000 | $138,000 | $145,000 | $152,000 | $159,000 | $167,000 | $1,371,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $231,000 | - | - | - | - | - | - | - | - | - | $231,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
| operating expense | $11,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $157,000 |
| mortgage payment | $43,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $564,000 |
| total expense investment | $345,000 | $73,000 | $73,000 | $73,000 | $74,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $1,012,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$224,577 | $41,000 | $47,000 | $52,000 | $58,000 | $64,000 | $70,000 | $77,000 | $84,000 | $91,000 | $359,000 |
| cumulative roi | $30 | $49 | $66 | $81 | $95 | $108 | $121 | $134 | $147 | $161 | $992 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt