Suite number:
1GZD+D (B)
Project:
Address:
Mississauga, Ontario
Developer:
Liberty Development Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
498 sqft
Occupancy Date:
Nov 2028
Price, CAD
$537,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
40.07%
Cumulative Return on Investment in Year 5
117.66%
Property Price at the End of Year 5
$693,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$26,895
5% on Occupancy
$26,895
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 | $28,000 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $355,000 |
| rent income | - | - | - | - | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $117,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $47,000 |
| deposit interest | $1,000 | $1,000 | $1,000 | $1,000 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $29,000 | $31,000 | $32,000 | $34,000 | $83,000 | $62,000 | $65,000 | $68,000 | $71,000 | $74,000 | $548,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $27,000 | - | - | $27,000 | - | - | - | - | - | - | $54,000 |
| remaining balance payment | - | - | - | $54,000 | - | - | - | - | - | - | $54,000 |
| closing cost | - | - | - | $46,000 | - | - | - | - | - | - | $46,000 |
| operating expense | - | - | - | - | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $45,000 |
| mortgage payment | - | - | - | - | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $157,000 |
| total expense investment | $27,000 | - | - | $127,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $356,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $31,000 | $32,000 | -$93,037 | $50,000 | $28,000 | $31,000 | $34,000 | $37,000 | $40,000 | $192,000 |
| cumulative roi | $109 | $223 | $343 | $85 | $118 | $132 | $146 | $159 | $172 | $186 | $2,000 |
Canopy Towers 1 & 2
Address: Mississauga, Ontario
Price Range: $477,000 - $802,000
Avail. suites: 35
0—3.5 bd
410—1400 SqFt