Suite number:
1B (Building B)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
450 sqft
Occupancy Date:
Nov 2028
Price, CAD
$496,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
39.37%
Cumulative Return on Investment in Year 5
113.36%
Property Price at the End of Year 5
$640,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$24,845
5% on Occupancy
$24,845
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 | - | - | - | - | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $70,000 |
| mortgage principal reduction | - | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $43,000 |
| deposit interest | $1,000 | $1,000 | $1,000 | $1,000 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $27,000 | $28,000 | $30,000 | $31,000 | $73,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $470,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $25,000 | - | - | $25,000 | - | - | - | - | - | - | $50,000 |
| remaining balance payment | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| closing cost | - | - | - | $45,000 | - | - | - | - | - | - | $45,000 |
| operating expense | - | - | - | - | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $38,000 |
| mortgage payment | - | - | - | - | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $145,000 |
| total expense investment | $25,000 | - | - | $120,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $328,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $28,000 | $30,000 | -$88,650 | $43,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $143,000 |
| cumulative roi | $109 | $223 | $343 | $83 | $113 | $124 | $133 | $142 | $151 | $160 | $2,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt