Suite number:
2Z
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1000 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,405,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.91%
Cumulative Return on Investment in Year 5
119.63%
Property Price at the End of Year 5
$1,811,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$70,250
5% in 365 days
$70,250
5% on Occupancy
$70,250
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 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $110,000 | $115,000 | $929,000 |
| rent income | - | - | - | $27,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $38,000 | $230,000 |
| mortgage principal reduction | - | - | - | $16,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $139,000 |
| deposit interest | $7,000 | $15,000 | $11,000 | $30 | - | - | - | - | - | - | $33,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $81,000 | $92,000 | $92,000 | $152,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $176,000 | $1,354,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $141,000 | $70,000 | - | - | - | - | - | - | - | - | $211,000 |
| remaining balance payment | - | - | - | $70,000 | - | - | - | - | - | - | $70,000 |
| closing cost | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
| operating expense | - | - | - | $14,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $112,000 |
| mortgage payment | - | - | - | $64,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $487,000 |
| total expense investment | $141,000 | $70,000 | - | $214,000 | $86,000 | $86,000 | $87,000 | $87,000 | $87,000 | $88,000 | $945,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$59,484 | $21,000 | $92,000 | -$61,944 | $52,000 | $59,000 | $65,000 | $73,000 | $80,000 | $88,000 | $409,000 |
| cumulative roi | $58 | $82 | $125 | $108 | $120 | $130 | $139 | $148 | $157 | $166 | $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