Suite number:
3E
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
3
Size:
1480 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,995,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.78%
Cumulative Return on Investment in Year 5
122.05%
Property Price at the End of Year 5
$2,570,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$99,750
5% in 365 days
$99,750
5% on Occupancy
$99,750
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 | $103,000 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $141,000 | $148,000 | $156,000 | $164,000 | $1,317,000 |
rent income | - | - | $4,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $418,000 |
mortgage principal reduction | - | - | $2,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $202,000 |
deposit interest | $5,000 | $26,000 | $14,000 | - | - | - | - | - | - | - | $45,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $109,000 | $135,000 | $135,000 | $221,000 | $207,000 | $217,000 | $228,000 | $239,000 | $251,000 | $263,000 | $2,006,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $100,000 | $200,000 | - | - | - | - | - | - | - | - | $299,000 |
remaining balance payment | - | - | $100,000 | - | - | - | - | - | - | - | $100,000 |
closing cost | - | - | $77,000 | - | - | - | - | - | - | - | $77,000 |
operating expense | - | - | $2,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $175,000 |
mortgage payment | - | - | $8,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $708,000 |
total expense investment | $100,000 | $200,000 | $187,000 | $123,000 | $124,000 | $124,000 | $125,000 | $125,000 | $126,000 | $126,000 | $1,359,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $9,000 | -$64,455 | -$51,601 | $98,000 | $84,000 | $93,000 | $103,000 | $114,000 | $125,000 | $137,000 | $647,000 |
cumulative roi | $109 | $81 | $86 | $108 | $122 | $134 | $146 | $157 | $168 | $178 | $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