Suite number:
1HZ (BF)(B)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
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
39.11%
Cumulative Return on Investment in Year 5
114.04%
Property Price at the End of Year 5
$674,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$26,145
5% on Occupancy
$26,145
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 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $345,000 |
| rent income | - | - | - | - | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $77,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $45,000 |
| deposit interest | $1,000 | $1,000 | $1,000 | $1,000 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $28,000 | $30,000 | $31,000 | $33,000 | $76,000 | $54,000 | $57,000 | $60,000 | $62,000 | $66,000 | $497,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $26,000 | - | - | $26,000 | - | - | - | - | - | - | $52,000 |
| remaining balance payment | - | - | - | $52,000 | - | - | - | - | - | - | $52,000 |
| closing cost | - | - | - | $46,000 | - | - | - | - | - | - | $46,000 |
| operating expense | - | - | - | - | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $41,000 |
| mortgage payment | - | - | - | - | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $153,000 |
| total expense investment | $26,000 | - | - | $124,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $344,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $30,000 | $31,000 | -$91,432 | $44,000 | $22,000 | $25,000 | $27,000 | $30,000 | $33,000 | $153,000 |
| cumulative roi | $109 | $223 | $343 | $84 | $114 | $125 | $134 | $144 | $153 | $161 | $2,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt