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
20.55%
Cumulative Return on Investment in Year 5
95.54%
Property Price at the End of Year 5
$838,000
Deposit Schedule
$5,000 at Signing
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 | - | - | $5,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $98,000 |
| mortgage principal reduction | - | - | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $70,000 |
| deposit interest | $259 | $260 | $131 | - | - | - | - | - | - | - | $650 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $36,000 | $70,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $79,000 | $622,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | - | - | $125,000 | - | - | - | - | - | - | - | $125,000 |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $53,000 |
| mortgage payment | - | - | $14,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $241,000 |
| total expense investment | $5,000 | - | $191,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $475,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $29,000 | $36,000 | -$121,653 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $147,000 |
| cumulative roi | $685 | $1,000 | $72 | $84 | $96 | $106 | $115 | $123 | $132 | $140 | $3,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt