Suite number:
2M+D
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1091 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,285,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.11%
Cumulative Return on Investment in Year 5
121.09%
Property Price at the End of Year 5
$1,656,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$64,250
5% in 365 days
$64,250
5% on Occupancy
$64,250
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 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $849,000 |
| rent income | - | - | - | $29,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $251,000 |
| mortgage principal reduction | - | - | - | $15,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $127,000 |
| deposit interest | $7,000 | $13,000 | $10,000 | $27 | - | - | - | - | - | - | $30,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $84,000 | $84,000 | $146,000 | $132,000 | $138,000 | $145,000 | $152,000 | $160,000 | $167,000 | $1,281,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $129,000 | $64,000 | - | - | - | - | - | - | - | - | $193,000 |
| remaining balance payment | - | - | - | $64,000 | - | - | - | - | - | - | $64,000 |
| closing cost | - | - | - | $63,000 | - | - | - | - | - | - | $63,000 |
| operating expense | - | - | - | $15,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $117,000 |
| mortgage payment | - | - | - | $59,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $445,000 |
| total expense investment | $129,000 | $64,000 | - | $200,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $82,000 | $882,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$54,403 | $19,000 | $84,000 | -$54,807 | $51,000 | $57,000 | $64,000 | $70,000 | $78,000 | $85,000 | $399,000 |
| cumulative roi | $58 | $82 | $125 | $109 | $121 | $132 | $143 | $153 | $163 | $173 | $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