Suite number:
216 - 2J+D
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
887 sqft
Occupancy Date:
Jan 2028
Price, CAD
$1,149,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.62%
Cumulative Return on Investment in Year 5
109.21%
Property Price at the End of Year 5
$1,481,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$57,495
5% in 365 days
$57,495
5% in 430 days
$57,495
5% on Occupancy
$57,495
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 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $759,000 |
| rent income | - | - | $21,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $275,000 |
| mortgage principal reduction | - | - | $9,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $128,000 |
| deposit interest | $3,000 | $9,000 | $3,000 | - | - | - | - | - | - | - | $15,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $62,000 | $72,000 | $123,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $1,200,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $57,000 | $115,000 | $57,000 | - | - | - | - | - | - | - | $230,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $60,000 | - | - | - | - | - | - | - | $60,000 |
| operating expense | - | - | $9,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $107,000 |
| mortgage payment | - | - | $38,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $441,000 |
| total expense investment | $57,000 | $115,000 | $164,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $73,000 | $839,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$43,147 | -$41,339 | $45,000 | $51,000 | $56,000 | $62,000 | $69,000 | $75,000 | $82,000 | $362,000 |
| cumulative roi | $109 | $78 | $79 | $95 | $109 | $122 | $134 | $146 | $158 | $169 | $1,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt