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
13,43%
Monthly Expenses
  • condo fees— $217
  • property taxes— $120
  • property management— $28
  • repairs and maintenance— $14
Total: $380
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Investment Period: 5 years
Yearly Return on Investment in Year 5

39.13%

Cumulative Return on Investment in Year 5

114.55%

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
2.5% in 125 days
$11,973
2.5% in 270 days
$11,973
2.5% in 292 days
$11,973
2.5% in 760 days
$11,973
Net Gain (Loss)
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10-$40K-$20K$0$20K$40K
  • Net Gain Loss
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Property Price Appreciation
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10$0$10K$20K$30K$40K
  • Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$25,000$26,000$28,000$29,000$30,000$32,000$34,000$36,000$37,000$39,000$316,000
rent income----$5,000$6,000$6,000$6,000$7,000$7,000$36,000
mortgage principal reduction----$5,000$6,000$6,000$7,000$7,000$7,000$39,000
deposit interest-$3,287$3,000$5,000$4,000$92-----$8,000
gst hst rebate----$24,000-----$24,000
total income return$22,000$29,000$32,000$33,000$65,000$44,000$46,000$49,000$51,000$54,000$424,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$60,000-$12,000-$24,000-----$96,000
remaining balance payment-----------
closing cost----$47,000-----$47,000
operating expense----$4,000$5,000$5,000$5,000$5,000$5,000$28,000
mortgage payment----$22,000$24,000$24,000$24,000$24,000$24,000$142,000
total expense investment$60,000-$12,000-$97,000$29,000$29,000$29,000$29,000$29,000$313,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$38,318$29,000$20,000$33,000-$31,593$15,000$17,000$20,000$22,000$25,000$111,000
cumulative roi$41$85$115$161$115$121$128$134$140$146$1,000
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
271—989 SqFt
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Annual Interest Rate (%)
4.75%
Vacancy Rate (%)
2.5%
Annual Growth Rate (%)
4.3%
Annual OPEX Inflation Rate (%)
2%