Suite number:
1HZ (BF)(B)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
492 sqft
Occupancy Date:
Nov 2028
Price, CAD
$522,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.89%
Cumulative Return on Investment in Year 5
93.15%
Property Price at the End of Year 5
$674,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$26,145
5% in 365 days
$26,145
5% in 1000 days
$26,145
20% on Occupancy
$104,580
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 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $346,000 |
| rent income | - | - | - | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $91,000 |
| mortgage principal reduction | - | - | - | $5,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $48,000 |
| deposit interest | $10 | $3,000 | $5,000 | $11 | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $27,000 | $31,000 | $36,000 | $72,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $516,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | - | $26,000 | $105,000 | - | - | - | - | - | - | $183,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $47,000 | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | - | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $47,000 |
| mortgage payment | - | - | - | $22,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $168,000 |
| total expense investment | $52,000 | - | $26,000 | $180,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $445,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$24,857 | $31,000 | $9,000 | -$108,303 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $34,000 | $71,000 |
| cumulative roi | $52 | $112 | $120 | $82 | $93 | $104 | $114 | $124 | $134 | $143 | $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