Suite number:
Residence 05 (1BR+D)
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
726 sqft
Occupancy Date:
Apr 2025
Price, CAD
$1,359,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.25%
Cumulative Return on Investment in Year 5
86.14%
Property Price at the End of Year 5
$1,752,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$67,995
15% on Occupancy
$203,985
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 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $897,000 |
| rent income | $19,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $299,000 |
| mortgage principal reduction | $13,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $203,000 |
| deposit interest | $33 | - | - | - | - | - | - | - | - | - | $33 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $126,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $158,000 | $165,000 | $174,000 | $1,424,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $272,000 | - | - | - | - | - | - | - | - | - | $272,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
| operating expense | $9,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $131,000 |
| mortgage payment | $51,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $664,000 |
| total expense investment | $396,000 | $80,000 | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $82,000 | $83,000 | $83,000 | $1,131,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$270,224 | $38,000 | $43,000 | $49,000 | $55,000 | $62,000 | $68,000 | $75,000 | $83,000 | $91,000 | $293,000 |
| cumulative roi | $29 | $47 | $61 | $74 | $86 | $97 | $107 | $117 | $127 | $136 | $881 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt