Suite number:
Residence 02- Floor 33-35
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
630 sqft
Occupancy Date:
Apr 2025
Price, CAD
$824,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.71%
Cumulative Return on Investment in Year 5
91.06%
Property Price at the End of Year 5
$1,063,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$41,245
15% on Occupancy
$123,735
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 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $544,000 |
| rent income | $16,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $260,000 |
| mortgage principal reduction | $8,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $123,000 |
| deposit interest | $20 | - | - | - | - | - | - | - | - | - | $20 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $91,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $104,000 | $110,000 | $115,000 | $951,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $165,000 | - | - | - | - | - | - | - | - | - | $165,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | $7,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $102,000 |
| mortgage payment | $31,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $403,000 |
| total expense investment | $257,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $723,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$165,623 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $57,000 | $62,000 | $228,000 |
| cumulative roi | $31 | $49 | $64 | $78 | $91 | $103 | $115 | $127 | $138 | $150 | $947 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt