Suite number:
125 - TH-E
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
994 sqft
Occupancy Date:
Jan 2028
Price, CAD
$1,209,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.98%
Cumulative Return on Investment in Year 5
118.12%
Property Price at the End of Year 5
$1,559,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$60,495
5% in 365 days
$60,495
5% in 662 days
$60,495
5% on Occupancy
$60,495
Net Gain (Loss)
Get Expert Advice
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 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $798,000 |
rent income | - | - | - | $32,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $273,000 |
mortgage principal reduction | - | - | - | $14,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $119,000 |
deposit interest | -$4 | $9,000 | $9,000 | $233 | - | - | - | - | - | - | $19,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $63,000 | $76,000 | $79,000 | $143,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $164,000 | $1,234,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | $121,000 | - | $60,000 | - | - | - | - | - | - | $242,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $61,000 | - | - | - | - | - | - | $61,000 |
operating expense | - | - | - | $13,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $106,000 |
mortgage payment | - | - | - | $56,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $419,000 |
total expense investment | $60,000 | $121,000 | - | $190,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $828,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$45,384 | $79,000 | -$47,314 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $87,000 | $406,000 |
cumulative roi | $104 | $76 | $120 | $103 | $118 | $131 | $144 | $156 | $168 | $180 | $1,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt