Suite number:
0FZ (B)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
425 sqft
Occupancy Date:
Nov 2028
Price, CAD
$476,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.43%
Cumulative Return on Investment in Year 5
101.48%
Property Price at the End of Year 5
$614,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$23,845
5% in 365 days
$23,845
5% in 1000 days
$23,845
20% on Occupancy
$95,380
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 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $315,000 |
rent income | - | - | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $69,000 |
mortgage principal reduction | - | - | - | $899 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $38,000 |
deposit interest | -$1 | $2,000 | $5,000 | $3,000 | - | - | - | - | - | - | $10,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $25,000 | $29,000 | $32,000 | $58,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $456,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $24,000 | $24,000 | $24,000 | $95,000 | - | - | - | - | - | - | $167,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $47,000 | - | - | - | - | - | - | $47,000 |
operating expense | - | - | - | $918 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $36,000 |
mortgage payment | - | - | - | $4,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $138,000 |
total expense investment | $24,000 | $24,000 | $24,000 | $147,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $29,000 | $387,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $882 | $5,000 | $9,000 | -$88,082 | $18,000 | $20,000 | $23,000 | $25,000 | $27,000 | $30,000 | $69,000 |
cumulative roi | $104 | $112 | $120 | $90 | $101 | $112 | $122 | $131 | $140 | $149 | $1,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt