Suite number:
Residence 05 (1BR+D)
Project:
Address:
Mississauga, Ontario
Developer:
Pinnacle International
Property type:
condo
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
18.98%
Cumulative Return on Investment in Year 5
89.29%
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 | $15,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $295,000 |
| mortgage principal reduction | $10,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $206,000 |
| deposit interest | $978 | - | - | - | - | - | - | - | - | - | $978 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $120,000 | $119,000 | $124,000 | $130,000 | $137,000 | $144,000 | $151,000 | $158,000 | $166,000 | $174,000 | $1,423,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $272,000 | - | - | - | - | - | - | - | - | - | $272,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
| operating expense | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $133,000 |
| mortgage payment | $39,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $634,000 |
| total expense investment | $380,000 | $78,000 | $79,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $81,000 | $82,000 | $1,102,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$259,796 | $40,000 | $45,000 | $51,000 | $57,000 | $63,000 | $70,000 | $77,000 | $84,000 | $92,000 | $321,000 |
| cumulative roi | $29 | $48 | $64 | $77 | $89 | $100 | $111 | $121 | $131 | $141 | $912 |
Gemma
Address: Mississauga, Ontario
Price Range: $785,000 - $1,430,000
Avail. suites: 20
1—3.5 bd
590—1358 SqFt