Suite number:
3A
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1521 sqft
Occupancy Date:
Jun 2028
Price, CAD
$2,160,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
27.32%
Cumulative Return on Investment in Year 5
124.04%
Property Price at the End of Year 5
$2,784,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$108,000
5% in 365 days
$108,000
5% on Occupancy
$108,000
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 | $113,000 | $118,000 | $124,000 | $131,000 | $138,000 | $145,000 | $152,000 | $160,000 | $169,000 | $177,000 | $1,428,000 |
| rent income | - | - | - | $49,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $418,000 |
| mortgage principal reduction | - | - | - | $24,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $35,000 | $213,000 |
| deposit interest | $11,000 | $23,000 | $17,000 | $46 | - | - | - | - | - | - | $51,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $125,000 | $141,000 | $141,000 | $228,000 | $221,000 | $232,000 | $243,000 | $255,000 | $268,000 | $281,000 | $2,133,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $216,000 | $108,000 | - | - | - | - | - | - | - | - | $324,000 |
| remaining balance payment | - | - | - | $108,000 | - | - | - | - | - | - | $108,000 |
| closing cost | - | - | - | $81,000 | - | - | - | - | - | - | $81,000 |
| operating expense | - | - | - | $22,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $178,000 |
| mortgage payment | - | - | - | $99,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $748,000 |
| total expense investment | $216,000 | $108,000 | - | $310,000 | $133,000 | $133,000 | $134,000 | $134,000 | $135,000 | $136,000 | $1,439,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$91,448 | $33,000 | $141,000 | -$82,180 | $88,000 | $98,000 | $109,000 | $121,000 | $133,000 | $145,000 | $694,000 |
| cumulative roi | $58 | $82 | $125 | $111 | $124 | $136 | $147 | $157 | $168 | $178 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $787,000 - $2,525,000
Avail. suites: 11
1—3 bd
489—1786 SqFt