Suite number:
A-311
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
0
Size:
315 sqft
Occupancy Date:
Jan 2029
Price, CAD
$478,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.95%
Cumulative Return on Investment in Year 5
107.74%
Property Price at the End of Year 5
$617,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$23,945
5% in 268 days
$23,945
2.5% in 760 days
$11,973
2.5% in 1125 days
$11,973
5% on Occupancy
$23,945
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 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $316,000 |
| rent income | - | - | - | $3,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $41,000 |
| mortgage principal reduction | - | - | - | $3,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $44,000 |
| deposit interest | $615 | $2,000 | $3,000 | $2,000 | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $26,000 | $29,000 | $31,000 | $61,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $433,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | - | $12,000 | $36,000 | - | - | - | - | - | - | $96,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $47,000 | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | - | $2,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $31,000 |
| mortgage payment | - | - | - | $12,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $156,000 |
| total expense investment | $48,000 | - | $12,000 | $97,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $330,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$22,372 | $29,000 | $19,000 | -$35,919 | $14,000 | $16,000 | $18,000 | $20,000 | $22,000 | $25,000 | $103,000 |
| cumulative roi | $53 | $113 | $142 | $99 | $108 | $115 | $122 | $128 | $135 | $141 | $1,000 |
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
271—989 SqFt