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
25.88%
Cumulative Return on Investment in Year 5
118.15%
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 | - | - | $17,000 | $52,000 | $55,000 | $57,000 | $59,000 | $62,000 | $65,000 | $67,000 | $435,000 |
| mortgage principal reduction | - | - | $8,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $211,000 |
| deposit interest | $5,000 | $26,000 | $10,000 | - | - | - | - | - | - | - | $41,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $109,000 | $135,000 | $174,000 | $198,000 | $208,000 | $218,000 | $229,000 | $240,000 | $252,000 | $264,000 | $2,028,000 |
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 | - | - | $8,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $182,000 |
| mortgage payment | - | - | $33,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $733,000 |
| total expense investment | $100,000 | $200,000 | $218,000 | $123,000 | $124,000 | $124,000 | $125,000 | $125,000 | $126,000 | $127,000 | $1,391,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $9,000 | -$64,455 | -$43,447 | $75,000 | $84,000 | $94,000 | $104,000 | $115,000 | $126,000 | $138,000 | $637,000 |
| cumulative roi | $109 | $81 | $89 | $104 | $118 | $131 | $142 | $153 | $164 | $175 | $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