Suite number:
Residence 02 ( 1BR+D)
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
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
18.55%
Cumulative Return on Investment in Year 5
87.04%
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 | $13,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $256,000 |
| mortgage principal reduction | $11,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $216,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $123,000 | $120,000 | $126,000 | $132,000 | $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 | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
| operating expense | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $124,000 |
| mortgage payment | $41,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $667,000 |
| total expense investment | $397,000 | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $83,000 | $83,000 | $84,000 | $84,000 | $1,140,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$274,421 | $39,000 | $44,000 | $50,000 | $56,000 | $63,000 | $70,000 | $77,000 | $84,000 | $92,000 | $300,000 |
| cumulative roi | $29 | $47 | $63 | $76 | $87 | $98 | $107 | $117 | $126 | $135 | $884 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt