Suite number:
107 - 1G
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
493 sqft
Occupancy Date:
Jan 2028
$649,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.54%
Cumulative Return on Investment in Year 5
112.46%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$32,495
5% in 30 days
$32,495
5% in 365 days
$32,495
5% on Occupancy
$32,495
Net Gain (Loss)
Get Expert Advice
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
rent income | - | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $89,000 |
mortgage principal reduction | - | - | - | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $66,000 |
deposit interest | $2,000 | $5,000 | $5,000 | $561 | - | - | - | - | - | - | $12,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $41,000 | $42,000 | $80,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $620,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $32,000 | $65,000 | - | $32,000 | - | - | - | - | - | - | $130,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $48,000 | - | - | - | - | - | - | $48,000 |
operating expense | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $50,000 |
mortgage payment | - | - | - | $26,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $216,000 |
total expense investment | $32,000 | $65,000 | - | $113,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $445,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$24,385 | $42,000 | -$32,402 | $24,000 | $26,000 | $29,000 | $33,000 | $36,000 | $39,000 | $176,000 |
cumulative roi | $109 | $78 | $121 | $102 | $112 | $122 | $131 | $140 | $148 | $156 | $1,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt