Suite number:
104- TH 2263
Project:
Address:
Mississauga, Ontario
Developer:
Diamond Kilmer Developments
Property type:
condo
Bathrooms:
4
Bedrooms:
3.5
Size:
2263 sqft
Occupancy Date:
Jun 2025
$1,879,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.63%
Cumulative Return on Investment in Year 5
118.45%
Property Price at the End of Year 5
$2,422,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$93,995
10% on Occupancy
$187,990
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 | $97,000 | $103,000 | $108,000 | $114,000 | $120,000 | $126,000 | $132,000 | $139,000 | $147,000 | $154,000 | $1,241,000 |
rent income | $33,000 | $81,000 | $84,000 | $88,000 | $92,000 | $96,000 | $100,000 | $104,000 | $109,000 | $113,000 | $899,000 |
mortgage principal reduction | $10,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $278,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $167,000 | $208,000 | $218,000 | $229,000 | $240,000 | $251,000 | $263,000 | $276,000 | $289,000 | $303,000 | $2,444,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $282,000 | - | - | - | - | - | - | - | - | - | $282,000 |
remaining balance payment | $94,000 | - | - | - | - | - | - | - | - | - | $94,000 |
closing cost | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
operating expense | $10,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $27,000 | $28,000 | $29,000 | $30,000 | $249,000 |
mortgage payment | $38,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $861,000 |
total expense investment | $497,000 | $115,000 | $116,000 | $116,000 | $117,000 | $118,000 | $119,000 | $120,000 | $121,000 | $122,000 | $1,560,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$330,023 | $94,000 | $103,000 | $112,000 | $123,000 | $133,000 | $144,000 | $156,000 | $168,000 | $181,000 | $885,000 |
cumulative roi | $29 | $53 | $75 | $97 | $118 | $140 | $162 | $185 | $210 | $236 | $1,000 |
The Mason at Brightwater
Address: Mississauga, Ontario
Price Range: $1,475,000 - $1,900,000
Avail. suites: 11
2.5—3.5 bd
1393—2266 SqFt