Suite number:
1B+F-590
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
590 sqft
Occupancy Date:
Sep 2027
Price, CAD
$777,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.05%
Cumulative Return on Investment in Year 5
103.87%
Property Price at the End of Year 5
$1,002,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$19,448
2.5% in 90 days
$19,448
5% in 365 days
$38,895
10% on Occupancy
$77,790
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $513,000 |
rent income | - | - | $15,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $185,000 |
mortgage principal reduction | - | - | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $88,000 |
deposit interest | $2,000 | $4,000 | $962 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $47,000 | $92,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $104,000 | $817,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $39,000 | $39,000 | $78,000 | - | - | - | - | - | - | - | $156,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
operating expense | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $74,000 |
mortgage payment | - | - | $29,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $302,000 |
total expense investment | $39,000 | $39,000 | $166,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $584,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | $8,000 | -$73,788 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $51,000 | $55,000 | $233,000 |
cumulative roi | $108 | $114 | $75 | $90 | $104 | $116 | $128 | $140 | $151 | $162 | $1,000 |
M5 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $8,099,000
Avail. suites: 69
0—25 bd
271—989 SqFt