Suite number:
Residence 02 ( 1BR+D)
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
630 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,429,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.83%
Cumulative Return on Investment in Year 5
83.96%
Property Price at the End of Year 5
$1,842,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$71,495
15% on Occupancy
$214,485
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 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $944,000 |
| rent income | $16,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $260,000 |
| mortgage principal reduction | $13,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $214,000 |
| deposit interest | $35 | - | - | - | - | - | - | - | - | - | $35 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $128,000 | $119,000 | $125,000 | $131,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $176,000 | $1,441,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $286,000 | - | - | - | - | - | - | - | - | - | $286,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| operating expense | $8,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $121,000 |
| mortgage payment | $54,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $698,000 |
| total expense investment | $414,000 | $83,000 | $83,000 | $84,000 | $84,000 | $84,000 | $84,000 | $85,000 | $85,000 | $85,000 | $1,171,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$285,854 | $36,000 | $42,000 | $48,000 | $54,000 | $61,000 | $68,000 | $75,000 | $82,000 | $91,000 | $270,000 |
| cumulative roi | $28 | $46 | $60 | $73 | $84 | $94 | $104 | $113 | $122 | $130 | $854 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt