Suite number:
1B+D (Terrace)
Project:
Address:
Mississauga, Ontario
Developer:
Brixen Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
695 sqft
Occupancy Date:
Sep 2026
Price, CAD
$869,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.08%
Cumulative Return on Investment in Year 5
96.10%
Property Price at the End of Year 5
$1,121,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$21,748
2.5% in 120 days
$21,748
2.5% in 210 days
$21,748
2.5% in 300 days
$21,748
10% on Occupancy
$86,990
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 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $575,000 |
rent income | - | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $260,000 |
mortgage principal reduction | - | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $118,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $48,000 | $107,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $979,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $174,000 | - | - | - | - | - | - | - | - | - | $174,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
operating expense | - | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $105,000 |
mortgage payment | - | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $392,000 |
total expense investment | $228,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $725,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$179,885 | $52,000 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $59,000 | $65,000 | $254,000 |
cumulative roi | $22 | $52 | $68 | $83 | $96 | $109 | $121 | $133 | $144 | $156 | $983 |
Exhale Residences on Lakeshore
Address: Mississauga, Ontario
Price Range: $682,000 - $1,400,000
Avail. suites: 106
0—3.5 bd
390—1710 SqFt