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
24.68%
Cumulative Return on Investment in Year 5
114.78%
Property Price at the End of Year 5
$1,655,000
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 | $848,000 |
| rent income | - | - | $11,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $269,000 |
| mortgage principal reduction | - | - | $5,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $136,000 |
| deposit interest | $3,000 | $17,000 | $6,000 | - | - | - | - | - | - | - | $27,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $70,000 | $87,000 | $120,000 | $126,000 | $132,000 | $139,000 | $146,000 | $153,000 | $161,000 | $169,000 | $1,303,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $64,000 | $129,000 | - | - | - | - | - | - | - | - | $193,000 |
| remaining balance payment | - | - | $64,000 | - | - | - | - | - | - | - | $64,000 |
| closing cost | - | - | $63,000 | - | - | - | - | - | - | - | $63,000 |
| operating expense | - | - | $5,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $125,000 |
| mortgage payment | - | - | $21,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $472,000 |
| total expense investment | $64,000 | $129,000 | $154,000 | $80,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $917,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $6,000 | -$41,516 | -$33,394 | $46,000 | $52,000 | $58,000 | $64,000 | $71,000 | $78,000 | $86,000 | $386,000 |
| cumulative roi | $109 | $81 | $87 | $102 | $115 | $126 | $137 | $147 | $157 | $168 | $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