Suite number:
1H+D (Building B-Boutique Collection)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
598 sqft
Occupancy Date:
Nov 2028
Price, CAD
$651,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
38.95%
Cumulative Return on Investment in Year 5
119.55%
Property Price at the End of Year 5
$840,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$32,595
5% on Occupancy
$32,595
Net Gain (Loss)
Get Expert Advice
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $430,000 |
| rent income | - | - | - | - | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $140,000 |
| mortgage principal reduction | - | - | - | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $57,000 |
| deposit interest | $2,000 | $2,000 | $2,000 | $2,000 | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $37,000 | $39,000 | $41,000 | $95,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $658,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $33,000 | - | - | $33,000 | - | - | - | - | - | - | $65,000 |
| remaining balance payment | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
| closing cost | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $54,000 |
| mortgage payment | - | - | - | - | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $190,000 |
| total expense investment | $33,000 | - | - | $146,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $423,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $37,000 | $39,000 | -$105,237 | $55,000 | $34,000 | $37,000 | $41,000 | $45,000 | $48,000 | $234,000 |
| cumulative roi | $109 | $223 | $343 | $89 | $120 | $134 | $148 | $161 | $175 | $188 | $2,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt