Suite number:
Residence 04- Floor 33-35
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
900 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,064,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.34%
Cumulative Return on Investment in Year 5
92.18%
Property Price at the End of Year 5
$1,372,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$53,245
15% on Occupancy
$159,735
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 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $703,000 |
| rent income | $15,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $304,000 |
| mortgage principal reduction | $8,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $161,000 |
| deposit interest | $793 | - | - | - | - | - | - | - | - | - | $793 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $103,000 | $99,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $139,000 | $145,000 | $1,193,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $213,000 | - | - | - | - | - | - | - | - | - | $213,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $7,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $139,000 |
| mortgage payment | $30,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $496,000 |
| total expense investment | $307,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $68,000 | $68,000 | $905,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$204,036 | $35,000 | $39,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $71,000 | $77,000 | $288,000 |
| cumulative roi | $31 | $49 | $65 | $79 | $92 | $104 | $116 | $127 | $138 | $149 | $950 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt