Suite number:
1B (Building B)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
450 sqft
Occupancy Date:
Nov 2028
Price, CAD
$496,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.44%
Cumulative Return on Investment in Year 5
101.04%
Property Price at the End of Year 5
$640,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$24,845
5% in 365 days
$24,845
5% in 1000 days
$24,845
20% on Occupancy
$99,380
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $328,000 |
| rent income | - | - | - | $2,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $73,000 |
| mortgage principal reduction | - | - | - | $933 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $40,000 |
| deposit interest | -$1 | $3,000 | $5,000 | $3,000 | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $26,000 | $30,000 | $34,000 | $60,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $475,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $25,000 | $25,000 | $25,000 | $99,000 | - | - | - | - | - | - | $174,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $47,000 | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | - | $968 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $38,000 |
| mortgage payment | - | - | - | $4,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $143,000 |
| total expense investment | $25,000 | $25,000 | $25,000 | $151,000 | $29,000 | $29,000 | $29,000 | $29,000 | $30,000 | $30,000 | $402,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $919 | $5,000 | $9,000 | -$91,203 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $31,000 | $74,000 |
| cumulative roi | $104 | $112 | $120 | $90 | $101 | $112 | $121 | $131 | $140 | $149 | $1,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt