Suite number:
2K
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1010 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,245,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
28.15%
Cumulative Return on Investment in Year 5
129.78%
Property Price at the End of Year 5
$1,604,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$62,250
5% in 365 days
$62,250
5% on Occupancy
$62,250
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 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $822,000 |
| rent income | - | - | - | $15,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $216,000 |
| mortgage principal reduction | - | - | - | $8,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $119,000 |
| deposit interest | $3,000 | $16,000 | $10,000 | $5,000 | - | - | - | - | - | - | $34,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $84,000 | $81,000 | $127,000 | $126,000 | $132,000 | $139,000 | $145,000 | $152,000 | $160,000 | $1,215,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $62,000 | $125,000 | - | - | - | - | - | - | - | - | $187,000 |
| remaining balance payment | - | - | - | $62,000 | - | - | - | - | - | - | $62,000 |
| closing cost | - | - | - | $60,000 | - | - | - | - | - | - | $60,000 |
| operating expense | - | - | - | $7,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $105,000 |
| mortgage payment | - | - | - | $30,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $394,000 |
| total expense investment | $62,000 | $125,000 | - | $160,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $78,000 | $808,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $6,000 | -$40,242 | $81,000 | -$33,421 | $50,000 | $56,000 | $62,000 | $68,000 | $75,000 | $82,000 | $406,000 |
| cumulative roi | $109 | $81 | $125 | $117 | $130 | $141 | $151 | $161 | $171 | $180 | $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