Suite number:
A-367
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
367 sqft
Occupancy Date:
Jan 2029
Price, CAD
$487,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
39.95%
Cumulative Return on Investment in Year 5
116.91%
Property Price at the End of Year 5
$629,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 0 days
$12,198
5% in 30 days
$24,395
2.5% in 125 days
$12,198
2.5% in 270 days
$12,198
2.5% in 760 days
$12,198
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 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $322,000 |
| rent income | - | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $42,000 |
| mortgage principal reduction | - | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $42,000 |
| deposit interest | -$3,420 | $3,000 | $5,000 | $4,000 | $302 | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $22,000 | $30,000 | $33,000 | $33,000 | $67,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $439,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | - | $12,000 | - | $24,000 | - | - | - | - | - | $98,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $45,000 | - | - | - | - | - | $45,000 |
| operating expense | - | - | - | - | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $33,000 |
| mortgage payment | - | - | - | - | $22,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $140,000 |
| total expense investment | $61,000 | - | $12,000 | - | $96,000 | $29,000 | $29,000 | $29,000 | $29,000 | $30,000 | $316,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$39,109 | $30,000 | $20,000 | $33,000 | -$29,018 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $123,000 |
| cumulative roi | $41 | $85 | $115 | $161 | $117 | $124 | $131 | $138 | $144 | $151 | $1,000 |
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
271—989 SqFt