Suite number:
1JZ (B) – THE BOUTIQUE COLLECTION
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
508 sqft
Occupancy Date:
Nov 2028
Price, CAD
$565,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
38.56%
Cumulative Return on Investment in Year 5
114.61%
Property Price at the End of Year 5
$729,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$28,295
5% on Occupancy
$28,295
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 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $373,000 |
| rent income | - | - | - | - | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $79,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $49,000 |
| deposit interest | $1,000 | $1,000 | $1,000 | $1,000 | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $32,000 | $34,000 | $36,000 | $79,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $532,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $28,000 | - | - | $28,000 | - | - | - | - | - | - | $57,000 |
| remaining balance payment | - | - | - | $57,000 | - | - | - | - | - | - | $57,000 |
| closing cost | - | - | - | $47,000 | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | - | - | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $43,000 |
| mortgage payment | - | - | - | - | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $165,000 |
| total expense investment | $28,000 | - | - | $132,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $368,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $32,000 | $34,000 | -$96,034 | $45,000 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $164,000 |
| cumulative roi | $109 | $223 | $343 | $86 | $115 | $125 | $135 | $144 | $152 | $161 | $2,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt