Suite number:
2B
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
900 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,185,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.62%
Cumulative Return on Investment in Year 5
119.39%
Property Price at the End of Year 5
$1,527,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$59,250
5% in 365 days
$59,250
5% on Occupancy
$59,250
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 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $79,000 | $84,000 | $88,000 | $92,000 | $97,000 | $783,000 |
| rent income | - | - | - | $24,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $207,000 |
| mortgage principal reduction | - | - | - | $13,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $117,000 |
| deposit interest | $6,000 | $12,000 | $9,000 | $25 | - | - | - | - | - | - | $28,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $77,000 | $77,000 | $133,000 | $118,000 | $124,000 | $130,000 | $137,000 | $143,000 | $150,000 | $1,159,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $119,000 | $59,000 | - | - | - | - | - | - | - | - | $178,000 |
| remaining balance payment | - | - | - | $59,000 | - | - | - | - | - | - | $59,000 |
| closing cost | - | - | - | $61,000 | - | - | - | - | - | - | $61,000 |
| operating expense | - | - | - | $12,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $99,000 |
| mortgage payment | - | - | - | $54,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $410,000 |
| total expense investment | $119,000 | $59,000 | - | $187,000 | $73,000 | $73,000 | $74,000 | $74,000 | $74,000 | $75,000 | $808,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$50,169 | $18,000 | $77,000 | -$53,329 | $45,000 | $51,000 | $56,000 | $63,000 | $69,000 | $76,000 | $351,000 |
| cumulative roi | $58 | $82 | $125 | $108 | $119 | $130 | $140 | $149 | $158 | $167 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $787,000 - $2,525,000
Avail. suites: 11
1—3 bd
489—1786 SqFt