Suite number:
1H+D (Building B-Boutique Collection)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
598 sqft
Occupancy Date:
Nov 2028
Price, CAD
$651,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.77%
Cumulative Return on Investment in Year 5
95.28%
Property Price at the End of Year 5
$840,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$32,595
5% in 365 days
$32,595
5% in 1000 days
$32,595
20% on Occupancy
$130,380
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $431,000 |
| rent income | - | - | - | $19,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $164,000 |
| mortgage principal reduction | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $58,000 |
| deposit interest | $12 | $3,000 | $7,000 | $14 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $39,000 | $44,000 | $89,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $688,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $65,000 | - | $33,000 | $130,000 | - | - | - | - | - | - | $228,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $62,000 |
| mortgage payment | - | - | - | $27,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $205,000 |
| total expense investment | $65,000 | - | $33,000 | $215,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $545,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$30,989 | $39,000 | $12,000 | -$125,897 | $33,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $142,000 |
| cumulative roi | $52 | $112 | $120 | $81 | $95 | $109 | $123 | $136 | $150 | $164 | $1,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt