Suite number:
101 - TH 2266
Project:
Address:
Mississauga, Ontario
Developer:
Diamond Kilmer Developments
Property type:
condo
Bathrooms:
4
Bedrooms:
3.5
Size:
2266 sqft
Occupancy Date:
Jun 2025
$1,899,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.53%
Cumulative Return on Investment in Year 5
117.94%
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 | $33,000 | $81,000 | $84,000 | $88,000 | $92,000 | $96,000 | $100,000 | $104,000 | $109,000 | $113,000 | $901,000 |
mortgage principal reduction | $10,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $281,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $168,000 | $210,000 | $220,000 | $230,000 | $241,000 | $253,000 | $265,000 | $278,000 | $291,000 | $305,000 | $2,462,000 |
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 | $73,000 | - | - | - | - | - | - | - | - | - | $73,000 |
operating expense | $10,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $250,000 |
mortgage payment | $39,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $92,000 | $870,000 |
total expense investment | $502,000 | $116,000 | $117,000 | $117,000 | $118,000 | $119,000 | $120,000 | $121,000 | $122,000 | $123,000 | $1,574,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$333,653 | $94,000 | $103,000 | $113,000 | $123,000 | $134,000 | $145,000 | $157,000 | $169,000 | $182,000 | $888,000 |
cumulative roi | $29 | $53 | $75 | $97 | $118 | $139 | $161 | $184 | $208 | $234 | $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