Suite number:
226 - 1N+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Bathrooms:
2
Bedrooms:
Size:
594 sqft
Occupancy Date:
Jan 2028
$839,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.44%
Cumulative Return on Investment in Year 5
118.79%
Property Price at the End of Year 5
$1,082,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$41,995
5% in 30 days
$41,995
5% in 365 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 | - | - | - | $17,000 | $22,000 | $23,000 | $23,000 | $25,000 | $26,000 | $27,000 | $162,000 |
mortgage principal reduction | - | - | - | $9,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $85,000 |
deposit interest | $2,000 | $7,000 | $7,000 | $725 | - | - | - | - | - | - | $16,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $52,000 | $55,000 | $102,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $841,000 |
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 | - | - | - | $52,000 | - | - | - | - | - | - | $52,000 |
operating expense | - | - | - | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $67,000 |
mortgage payment | - | - | - | $34,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $279,000 |
total expense investment | $42,000 | $84,000 | - | $136,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $52,000 | $566,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$31,514 | $55,000 | -$33,759 | $36,000 | $40,000 | $44,000 | $49,000 | $53,000 | $58,000 | $275,000 |
cumulative roi | $109 | $78 | $121 | $105 | $119 | $131 | $143 | $154 | $165 | $176 | $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