Suite number:
2B-746
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
746 sqft
Occupancy Date:
Sep 2027
Price, CAD
$950,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.00%
Cumulative Return on Investment in Year 5
102.04%
Property Price at the End of Year 5
$1,225,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$23,773
2.5% in 90 days
$23,773
5% in 365 days
$47,545
10% on Occupancy
$95,090
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 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $628,000 |
rent income | - | - | $16,000 | $23,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $196,000 |
mortgage principal reduction | - | - | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $107,000 |
deposit interest | $2,000 | $5,000 | $1,000 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $51,000 | $57,000 | $105,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $963,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $48,000 | $48,000 | $95,000 | - | - | - | - | - | - | - | $190,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
operating expense | - | - | $8,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $89,000 |
mortgage payment | - | - | $36,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $369,000 |
total expense investment | $48,000 | $48,000 | $195,000 | $58,000 | $59,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $704,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | $9,000 | -$89,736 | $34,000 | $38,000 | $43,000 | $47,000 | $52,000 | $58,000 | $63,000 | $259,000 |
cumulative roi | $108 | $114 | $75 | $89 | $102 | $113 | $124 | $134 | $144 | $154 | $1,000 |
M5 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $8,099,000
Avail. suites: 69
0—25 bd
271—989 SqFt