Suite number:
1B+DA
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
599 sqft
Occupancy Date:
Jun 2028
Price, CAD
$787,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.92%
Cumulative Return on Investment in Year 5
119.45%
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 | $520,000 |
| rent income | - | - | - | $19,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $164,000 |
| mortgage principal reduction | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $78,000 |
| deposit interest | $4,000 | $8,000 | $6,000 | $17 | - | - | - | - | - | - | $18,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $45,000 | $51,000 | $51,000 | $100,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $805,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | $39,000 | - | - | - | - | - | - | - | - | $118,000 |
| remaining balance payment | - | - | - | $39,000 | - | - | - | - | - | - | $39,000 |
| closing cost | - | - | - | $53,000 | - | - | - | - | - | - | $53,000 |
| operating expense | - | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $69,000 |
| mortgage payment | - | - | - | $36,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $273,000 |
| total expense investment | $79,000 | $39,000 | - | $137,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $551,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$33,319 | $12,000 | $51,000 | -$36,937 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $253,000 |
| cumulative roi | $58 | $82 | $125 | $106 | $119 | $131 | $143 | $153 | $164 | $175 | $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