Suite number:
1B+DA
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
599 sqft
Occupancy Date:
Jun 2028
$787,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.96%
Cumulative Return on Investment in Year 5
128.21%
Property Price at the End of Year 5
$1,014,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$39,350
5% in 365 days
$39,350
5% on Occupancy
$39,350
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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $519,000 |
rent income | - | - | - | $11,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $154,000 |
mortgage principal reduction | - | - | - | $5,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $75,000 |
deposit interest | $2,000 | $10,000 | $6,000 | $3,000 | - | - | - | - | - | - | $21,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $43,000 | $53,000 | $51,000 | $90,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $794,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $39,000 | $79,000 | - | - | - | - | - | - | - | - | $118,000 |
remaining balance payment | - | - | - | $39,000 | - | - | - | - | - | - | $39,000 |
closing cost | - | - | - | $51,000 | - | - | - | - | - | - | $51,000 |
operating expense | - | - | - | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $66,000 |
mortgage payment | - | - | - | $19,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $249,000 |
total expense investment | $39,000 | $79,000 | - | $114,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $523,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$25,438 | $51,000 | -$24,118 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $271,000 |
cumulative roi | $109 | $81 | $125 | $115 | $128 | $141 | $152 | $163 | $174 | $185 | $1,000 |
Harbourwalk at Lakeview Village
Address: Mississauga, Ontario
Price Range: $787,000 - $2,525,000
Avail. suites: 11
1—3 bd
489—1786 SqFt