Suite number:
Residence 04- Floor 33-35
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
900 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,064,900
Available
ROI
16,21%
Monthly Expenses
- condo fees— $585
- property taxes— $266
- property management— $135
- repairs and maintenance— $68
Total: $1,054
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.63%
Cumulative Return on Investment in Year 5
89.09%
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)
- Net Gain Loss
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Property Price Appreciation
- 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 | $20,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $36,000 | $38,000 | $311,000 |
| mortgage principal reduction | $10,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $159,000 |
| deposit interest | $26 | - | - | - | - | - | - | - | - | - | $26 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $109,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $139,000 | $145,000 | $1,197,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $213,000 | - | - | - | - | - | - | - | - | - | $213,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | $9,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $137,000 |
| mortgage payment | $40,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $520,000 |
| total expense investment | $321,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $928,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$211,945 | $33,000 | $37,000 | $42,000 | $47,000 | $53,000 | $58,000 | $64,000 | $70,000 | $77,000 | $269,000 |
| cumulative roi | $30 | $48 | $63 | $77 | $89 | $101 | $112 | $123 | $134 | $144 | $920 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.