Suite number:
Cobalt
Project:
Address:
Mississauga, Ontario
Developer:
Branthaven
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
515 sqft
Occupancy Date:
Mar 2027
Price, CAD
$629,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.20%
Cumulative Return on Investment in Year 5
93.30%
Property Price at the End of Year 5
$812,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,495
2.5% in 180 days
$15,748
2.5% in 270 days
$15,748
5% on Occupancy
$31,495
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 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $416,000 |
| rent income | - | $3,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $116,000 |
| mortgage principal reduction | - | $2,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $77,000 |
| deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $66,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $637,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $63,000 | $31,000 | - | - | - | - | - | - | - | - | $94,000 |
| remaining balance payment | - | $31,000 | - | - | - | - | - | - | - | - | $31,000 |
| closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | $2,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $64,000 |
| mortgage payment | - | $8,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $260,000 |
| total expense investment | $63,000 | $122,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $500,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,983 | -$56,595 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $138,000 |
| cumulative roi | $56 | $56 | $70 | $82 | $93 | $103 | $112 | $121 | $130 | $138 | $962 |
High Line Condos
Address: Mississauga, Ontario
Price Range: $605,000 - $973,000
Avail. suites: 23
1—2.5 bd
480—970 SqFt