Suite number:
226 - 1N+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
0
Size:
594 sqft
Occupancy Date:
Jan 2028
Price, CAD
$839,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.70%
Cumulative Return on Investment in Year 5
97.79%
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 430 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 | - | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $92,000 |
| mortgage principal reduction | - | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $94,000 |
| deposit interest | $2,000 | $7,000 | $2,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $46,000 | $52,000 | $88,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $775,000 |
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 | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $65,000 |
| mortgage payment | - | - | $28,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $322,000 |
| total expense investment | $42,000 | $84,000 | $129,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $609,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$31,515 | -$40,800 | $22,000 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $46,000 | $166,000 |
| cumulative roi | $109 | $78 | $77 | $88 | $98 | $106 | $114 | $122 | $129 | $136 | $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