Suite number:
1707 (Amalfi)
Project:
Address:
Mississauga, Ontario
Developer:
Camrost Felcorp
Property type:
condo
Bathrooms:
1.5
Bedrooms:
2
Size:
886 sqft
Occupancy Date:
Jun 2024
$1,287,400
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.65%
Cumulative Return on Investment in Year 5
150.36%
Property Price at the End of Year 5
$1,659,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$64,370
15% on Occupancy
$193,110
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 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $106,000 | $850,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $24,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $216,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $91,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $113,000 | $119,000 | $125,000 | $131,000 | $1,065,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $626,000 |
total expense investment | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $626,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $28,000 | $26,000 | $30,000 | $35,000 | $40,000 | $45,000 | $50,000 | $56,000 | $62,000 | $68,000 | $439,000 |
cumulative roi | $145 | $143 | $144 | $147 | $150 | $154 | $158 | $162 | $166 | $170 | $2,000 |
Exchange Signature Residences
Address: Mississauga, Ontario
Price Range: $849,000 - $1,307,000
Avail. suites: 19
1—5 bd
420—7800 SqFt