Suite number:
101 - TH 2266
Project:
Address:
Mississauga, Ontario
Developer:
Diamond Kilmer Developments
Property type:
condo
Floor plan:
Bathrooms:
4
Bedrooms:
3.5
Size:
2266 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,899,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.61%
Cumulative Return on Investment in Year 5
113.66%
Property Price at the End of Year 5
$2,448,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$94,995
10% on Occupancy
$189,990
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 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $141,000 | $148,000 | $156,000 | $1,254,000 |
rent income | $40,000 | $81,000 | $84,000 | $88,000 | $92,000 | $96,000 | $100,000 | $104,000 | $109,000 | $113,000 | $906,000 |
mortgage principal reduction | $12,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $275,000 |
deposit interest | $36 | - | - | - | - | - | - | - | - | - | $36 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $174,000 | $209,000 | $219,000 | $229,000 | $240,000 | $252,000 | $264,000 | $277,000 | $290,000 | $304,000 | $2,458,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $285,000 | - | - | - | - | - | - | - | - | - | $285,000 |
remaining balance payment | $95,000 | - | - | - | - | - | - | - | - | - | $95,000 |
closing cost | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
operating expense | $12,000 | $23,000 | $24,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $29,000 | $245,000 |
mortgage payment | $48,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $904,000 |
total expense investment | $514,000 | $119,000 | $119,000 | $120,000 | $120,000 | $121,000 | $122,000 | $122,000 | $123,000 | $124,000 | $1,603,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$340,374 | $90,000 | $100,000 | $110,000 | $120,000 | $131,000 | $142,000 | $155,000 | $167,000 | $180,000 | $855,000 |
cumulative roi | $28 | $51 | $73 | $93 | $114 | $134 | $155 | $176 | $199 | $224 | $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