Suite number:
2EE+D
Project:
Address:
Mississauga, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1064 sqft
Occupancy Date:
Jun 2028
$1,495,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
30.19%
Cumulative Return on Investment in Year 5
136.34%
Property Price at the End of Year 5
$1,926,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$74,750
5% in 365 days
$74,750
5% on Occupancy
$74,750
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 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $111,000 | $117,000 | $123,000 | $987,000 |
rent income | - | - | - | $16,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $270,000 |
mortgage principal reduction | - | - | - | $9,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $151,000 |
deposit interest | $4,000 | $19,000 | $12,000 | $7,000 | - | - | - | - | - | - | $42,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $81,000 | $101,000 | $98,000 | $145,000 | $155,000 | $162,000 | $170,000 | $178,000 | $187,000 | $196,000 | $1,473,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $75,000 | $150,000 | - | - | - | - | - | - | - | - | $224,000 |
remaining balance payment | - | - | - | $75,000 | - | - | - | - | - | - | $75,000 |
closing cost | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
operating expense | - | - | - | $7,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $117,000 |
mortgage payment | - | - | - | $29,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $440,000 |
total expense investment | $75,000 | $150,000 | - | $176,000 | $85,000 | $86,000 | $87,000 | $87,000 | $88,000 | $88,000 | $921,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $7,000 | -$48,312 | $98,000 | -$30,322 | $69,000 | $76,000 | $83,000 | $91,000 | $99,000 | $107,000 | $552,000 |
cumulative roi | $109 | $81 | $125 | $121 | $136 | $150 | $163 | $175 | $187 | $199 | $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