Suite number:
107 - 1G
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
493 sqft
Occupancy Date:
Jan 2028
Price, CAD
$649,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.61%
Cumulative Return on Investment in Year 5
107.81%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$32,495
5% in 365 days
$32,495
5% in 662 days
$32,495
5% on Occupancy
$32,495
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
| rent income | - | - | - | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $91,000 |
| mortgage principal reduction | - | - | - | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $64,000 |
| deposit interest | -$2 | $5,000 | $5,000 | $125 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $41,000 | $42,000 | $81,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $618,000 |
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 | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $49,000 |
| mortgage payment | - | - | - | $30,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $225,000 |
| total expense investment | $32,000 | $65,000 | - | $118,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $454,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$24,378 | $42,000 | -$37,048 | $22,000 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $164,000 |
| cumulative roi | $104 | $76 | $120 | $97 | $108 | $117 | $126 | $134 | $142 | $150 | $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