Suite number:
2K
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
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
24.48%
Cumulative Return on Investment in Year 5
114.04%
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)
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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 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $822,000 |
| rent income | - | - | $10,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $249,000 |
| mortgage principal reduction | - | - | $5,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $132,000 |
| deposit interest | $3,000 | $16,000 | $6,000 | - | - | - | - | - | - | - | $26,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $84,000 | $117,000 | $121,000 | $127,000 | $133,000 | $140,000 | $147,000 | $154,000 | $161,000 | $1,252,000 |
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 | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
| operating expense | - | - | $5,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $117,000 |
| mortgage payment | - | - | $21,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $457,000 |
| total expense investment | $62,000 | $125,000 | $150,000 | $77,000 | $78,000 | $78,000 | $78,000 | $79,000 | $79,000 | $79,000 | $885,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $6,000 | -$40,224 | -$33,045 | $44,000 | $49,000 | $55,000 | $61,000 | $68,000 | $75,000 | $82,000 | $367,000 |
| cumulative roi | $109 | $81 | $87 | $102 | $114 | $125 | $136 | $146 | $156 | $165 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $1,240,000 - $2,525,000
Avail. suites: 10
1—3 bd
489—1786 SqFt