Suite number:
Residence 04 (2BR)-New Release
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
981 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,375,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.41%
Cumulative Return on Investment in Year 5
86.86%
Property Price at the End of Year 5
$1,773,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$68,795
15% on Occupancy
$206,385
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 | $71,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $908,000 |
| rent income | $22,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $41,000 | $339,000 |
| mortgage principal reduction | $13,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $206,000 |
| deposit interest | $33 | - | - | - | - | - | - | - | - | - | $33 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $130,000 | $122,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $164,000 | $172,000 | $180,000 | $1,476,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $275,000 | - | - | - | - | - | - | - | - | - | $275,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
| operating expense | $11,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $156,000 |
| mortgage payment | $52,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $672,000 |
| total expense investment | $402,000 | $84,000 | $84,000 | $84,000 | $85,000 | $85,000 | $85,000 | $86,000 | $86,000 | $87,000 | $1,167,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$272,611 | $39,000 | $45,000 | $51,000 | $57,000 | $64,000 | $70,000 | $78,000 | $85,000 | $94,000 | $309,000 |
| cumulative roi | $29 | $47 | $62 | $75 | $87 | $98 | $108 | $118 | $128 | $138 | $890 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt