Suite number:
B-461
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
461 sqft
Occupancy Date:
Jan 2029
Price, CAD
$599,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.75%
Cumulative Return on Investment in Year 5
118.72%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$29,995
5% in 344 days
$29,995
2.5% in 760 days
$14,998
2.5% in 1125 days
$14,998
5% on Occupancy
$29,995
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | - | - | - | $7,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $116,000 |
| mortgage principal reduction | - | - | - | $3,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $54,000 |
| deposit interest | $2,000 | $3,000 | $4,000 | $3,000 | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $36,000 | $38,000 | $73,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $602,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $60,000 | - | $15,000 | $45,000 | - | - | - | - | - | - | $120,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | - | $3,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $49,000 |
| mortgage payment | - | - | - | $13,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $193,000 |
| total expense investment | $60,000 | - | $15,000 | $109,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $410,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,250 | $36,000 | $23,000 | -$36,032 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $192,000 |
| cumulative roi | $55 | $114 | $143 | $106 | $119 | $130 | $141 | $152 | $163 | $173 | $1,000 |
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
271—989 SqFt