Suite number:
Meadow
Project:
Address:
Mississauga, Ontario
Developer:
Branthaven
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
910 sqft
Occupancy Date:
Mar 2027
Price, CAD
$947,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.16%
Cumulative Return on Investment in Year 5
106.19%
Property Price at the End of Year 5
$1,221,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$47,395
2.5% in 180 days
$23,698
2.5% in 270 days
$23,698
5% on Occupancy
$47,395
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 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $626,000 |
rent income | - | - | $24,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $285,000 |
mortgage principal reduction | - | - | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $107,000 |
deposit interest | -$1,678 | $5,000 | $903 | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $47,000 | $57,000 | $112,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $1,046,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $95,000 | - | $47,000 | - | - | - | - | - | - | - | $142,000 |
remaining balance payment | - | - | $47,000 | - | - | - | - | - | - | - | $47,000 |
closing cost | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
operating expense | - | - | $10,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $110,000 |
mortgage payment | - | - | $36,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $368,000 |
total expense investment | $95,000 | - | $196,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $723,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$47,318 | $57,000 | -$84,154 | $41,000 | $46,000 | $51,000 | $56,000 | $62,000 | $67,000 | $73,000 | $323,000 |
cumulative roi | $52 | $110 | $74 | $91 | $106 | $121 | $135 | $148 | $162 | $176 | $1,000 |
High Line Condos
Address: Mississauga, Ontario
Price Range: $605,000 - $973,000
Avail. suites: 23
1—2.5 bd
480—970 SqFt