Suite number:
C-538
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
538 sqft
Occupancy Date:
Jan 2029
Price, CAD
$673,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.38%
Cumulative Return on Investment in Year 5
120.31%
Property Price at the End of Year 5
$868,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$33,695
5% in 344 days
$33,695
2.5% in 760 days
$16,848
2.5% in 1125 days
$16,848
5% on Occupancy
$33,695
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $55,000 | $445,000 |
| rent income | - | - | - | $8,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $136,000 |
| mortgage principal reduction | - | - | - | $3,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $61,000 |
| deposit interest | $2,000 | $4,000 | $4,000 | $4,000 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $37,000 | $40,000 | $43,000 | $80,000 | $71,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $679,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $67,000 | - | $17,000 | $51,000 | - | - | - | - | - | - | $135,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | - | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $56,000 |
| mortgage payment | - | - | - | $14,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $217,000 |
| total expense investment | $67,000 | - | $17,000 | $118,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $458,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$30,617 | $40,000 | $26,000 | -$38,680 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $221,000 |
| cumulative roi | $55 | $114 | $143 | $107 | $120 | $132 | $144 | $155 | $166 | $177 | $1,000 |
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
271—989 SqFt