Suite number:
C-474
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
474 sqft
Occupancy Date:
Jan 2029
Price, CAD
$659,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
39.42%
Cumulative Return on Investment in Year 5
124.01%
Property Price at the End of Year 5
$850,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 0 days
$16,498
5% in 30 days
$32,995
2.5% in 125 days
$16,498
2.5% in 270 days
$16,498
2.5% in 760 days
$16,498
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $436,000 |
| rent income | - | - | - | - | $15,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $109,000 |
| mortgage principal reduction | - | - | - | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $56,000 |
| deposit interest | -$4,625 | $4,000 | $6,000 | $5,000 | $409 | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $30,000 | $40,000 | $44,000 | $45,000 | $89,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $637,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $82,000 | - | $16,000 | - | $33,000 | - | - | - | - | - | $132,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $49,000 | - | - | - | - | - | $49,000 |
| operating expense | - | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $48,000 |
| mortgage payment | - | - | - | - | $29,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $190,000 |
| total expense investment | $82,000 | - | $16,000 | - | $118,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $418,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$52,896 | $40,000 | $28,000 | $45,000 | -$28,437 | $31,000 | $34,000 | $37,000 | $41,000 | $44,000 | $219,000 |
| cumulative roi | $41 | $85 | $115 | $161 | $124 | $136 | $147 | $158 | $168 | $179 | $1,000 |
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
271—989 SqFt