Suite number:
Cobalt
Project:
Address:
Mississauga, Ontario
Developer:
Branthaven
Property type:
condo
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
22.09%
Cumulative Return on Investment in Year 5
105.03%
Property Price at the End of Year 5
$812,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$26,495
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 | - | - | $6,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $104,000 |
| mortgage principal reduction | - | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $76,000 |
| deposit interest | $2,000 | $3,000 | $1,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $38,000 | $72,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $75,000 | $79,000 | $627,000 |
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 | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | $4,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $59,000 |
| mortgage payment | - | - | $14,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $217,000 |
| total expense investment | $63,000 | - | $129,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $450,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,988 | $38,000 | -$56,934 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $177,000 |
| cumulative roi | $56 | $115 | $78 | $93 | $105 | $116 | $127 | $136 | $146 | $155 | $1,000 |
High Line Condos will be an intimate six storey residence next door to a protected forest on Mississauga’s Ninth Line. Defined by its contemporary clean lines, sweeping glass expanses, and a panoramic rooftop terrace, High Line Condos may be just six...
Address: Mississauga, Ontario
Price Range: $596,000 - $973,000
Avail. suites: 24
1—2.5 bd
480—970 SqFt