Suite number:
2405 - 1J
Project:
Address:
Brampton, Ontario
Developer:
Brixen Developments Inc
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
518 sqft
Occupancy Date:
Jan 2025
Price, CAD
$589,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
40.89%
Cumulative Return on Investment in Year 5
206.50%
Property Price at the End of Year 5
$760,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 9999 days
$58,999
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 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $389,000 |
| rent income | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $153,000 |
| mortgage principal reduction | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $91,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $658,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $77,000 |
| mortgage payment | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $295,000 |
| total expense investment | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $372,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $38,000 | $16,000 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $285,000 |
| cumulative roi | $282 | $224 | $210 | $206 | $207 | $209 | $214 | $219 | $225 | $232 | $2,000 |
Duo Condos
Address: Brampton, Ontario
Price Range: $590,000 - $1,100,000
Avail. suites: 22
0—2.5 bd
413—1114 SqFt