Suite number:
226 - 1N+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
Size:
594 sqft
Occupancy Date:
Jan 2028
Price, CAD
$839,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.44%
Cumulative Return on Investment in Year 5
113.87%
Property Price at the End of Year 5
$1,082,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$41,995
5% in 365 days
$41,995
5% in 662 days
$41,995
5% on Occupancy
$41,995
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 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $554,000 |
rent income | - | - | - | $19,000 | $22,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $163,000 |
mortgage principal reduction | - | - | - | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $83,000 |
deposit interest | -$2 | $7,000 | $7,000 | $162 | - | - | - | - | - | - | $13,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $44,000 | $52,000 | $55,000 | $104,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $838,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $42,000 | $84,000 | - | $42,000 | - | - | - | - | - | - | $168,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $54,000 | - | - | - | - | - | - | $54,000 |
operating expense | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $66,000 |
mortgage payment | - | - | - | $39,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $291,000 |
total expense investment | $42,000 | $84,000 | - | $142,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $578,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$31,505 | $55,000 | -$38,946 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $57,000 | $259,000 |
cumulative roi | $104 | $76 | $120 | $101 | $114 | $126 | $137 | $148 | $158 | $169 | $1,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt