Suite number:
3A
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
1521 sqft
Occupancy Date:
Jun 2028
Price, CAD
$2,170,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.78%
Cumulative Return on Investment in Year 5
117.37%
Property Price at the End of Year 5
$2,796,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$108,500
5% in 365 days
$108,500
5% on Occupancy
$108,500
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 | $119,000 | $125,000 | $131,000 | $138,000 | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $1,432,000 |
| rent income | - | - | $18,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $66,000 | $69,000 | $447,000 |
| mortgage principal reduction | - | - | $9,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $229,000 |
| deposit interest | $6,000 | $28,000 | $11,000 | - | - | - | - | - | - | - | $45,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $118,000 | $147,000 | $186,000 | $212,000 | $223,000 | $234,000 | $245,000 | $258,000 | $270,000 | $284,000 | $2,177,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $109,000 | $217,000 | - | - | - | - | - | - | - | - | $326,000 |
| remaining balance payment | - | - | $109,000 | - | - | - | - | - | - | - | $109,000 |
| closing cost | - | - | $81,000 | - | - | - | - | - | - | - | $81,000 |
| operating expense | - | - | $8,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $27,000 | $28,000 | $190,000 |
| mortgage payment | - | - | $36,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $797,000 |
| total expense investment | $109,000 | $217,000 | $234,000 | $133,000 | $133,000 | $134,000 | $135,000 | $135,000 | $136,000 | $136,000 | $1,502,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $10,000 | -$70,109 | -$47,663 | $80,000 | $89,000 | $100,000 | $111,000 | $122,000 | $134,000 | $147,000 | $675,000 |
| cumulative roi | $109 | $81 | $88 | $104 | $117 | $129 | $141 | $151 | $162 | $172 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $1,240,000 - $2,525,000
Avail. suites: 10
1—3 bd
489—1786 SqFt