Suite number:
Beryl³
Project:
Address:
Mississauga, Ontario
Developer:
Solmar Development Corp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
827 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,074,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.58%
Cumulative Return on Investment in Year 5
99.86%
Property Price at the End of Year 5
$1,385,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$53,745
5% on Occupancy
$53,745
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 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $709,000 |
| rent income | - | $2,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $228,000 |
| mortgage principal reduction | - | $1,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $128,000 |
| deposit interest | $3,000 | $5,000 | - | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $58,000 | $67,000 | $123,000 | $104,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $139,000 | $1,097,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $54,000 | $54,000 | - | - | - | - | - | - | - | - | $107,000 |
| remaining balance payment | - | $107,000 | - | - | - | - | - | - | - | - | $107,000 |
| closing cost | - | $58,000 | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | - | $910 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $96,000 |
| mortgage payment | - | $4,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $435,000 |
| total expense investment | $54,000 | $225,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $66,000 | $67,000 | $804,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $5,000 | -$158,244 | $59,000 | $39,000 | $44,000 | $49,000 | $55,000 | $60,000 | $66,000 | $73,000 | $292,000 |
| cumulative roi | $108 | $46 | $73 | $87 | $100 | $112 | $123 | $133 | $143 | $154 | $1,000 |
ORO at Edge Towers
Address: Mississauga, Ontario
Price Range: $766,000 - $1,148,000
Avail. suites: 9
1—2 bd
500—883 SqFt