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
20.95%
Cumulative Return on Investment in Year 5
100.55%
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 | - | - | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $107,000 |
| mortgage principal reduction | - | - | $5,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $73,000 |
| deposit interest | $2,000 | $3,000 | $882 | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $38,000 | $75,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $626,000 |
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 | - | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $61,000 |
| mortgage payment | - | - | $20,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $235,000 |
| total expense investment | $63,000 | - | $136,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $470,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,988 | $38,000 | -$61,712 | $21,000 | $24,000 | $26,000 | $29,000 | $33,000 | $36,000 | $39,000 | $156,000 |
| cumulative roi | $56 | $115 | $76 | $89 | $101 | $111 | $120 | $129 | $138 | $146 | $1,000 |
High Line Condos
Address: Mississauga, Ontario
Price Range: $605,000 - $973,000
Avail. suites: 23
1—2.5 bd
480—970 SqFt