Suite number:
2M+D
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
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
28.35%
Cumulative Return on Investment in Year 5
130.46%
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 | - | - | - | $16,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $234,000 |
| mortgage principal reduction | - | - | - | $8,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $122,000 |
| deposit interest | $3,000 | $17,000 | $10,000 | $5,000 | - | - | - | - | - | - | $35,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $70,000 | $87,000 | $84,000 | $131,000 | $131,000 | $138,000 | $145,000 | $152,000 | $159,000 | $167,000 | $1,263,000 |
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 | - | - | - | $61,000 | - | - | - | - | - | - | $61,000 |
| operating expense | - | - | - | $8,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $112,000 |
| mortgage payment | - | - | - | $31,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $406,000 |
| total expense investment | $64,000 | $129,000 | - | $165,000 | $79,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $837,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $6,000 | -$41,535 | $84,000 | -$33,683 | $53,000 | $59,000 | $65,000 | $71,000 | $78,000 | $86,000 | $426,000 |
| cumulative roi | $109 | $81 | $125 | $118 | $130 | $142 | $153 | $163 | $173 | $182 | $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