Suite number:
2B+D (Podium)
Project:
Address:
Mississauga, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
645 sqft
Occupancy Date:
Jan 2027
Price, CAD
$815,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.47%
Cumulative Return on Investment in Year 5
101.36%
Property Price at the End of Year 5
$1,051,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$40,800
5% in 360 days
$40,800
0% in 687 days
$1,000
5% on Occupancy
$40,800
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 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $60,000 | $64,000 | $67,000 | $539,000 |
| rent income | - | $2,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $212,000 |
| mortgage principal reduction | - | $821 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $97,000 |
| deposit interest | $2,000 | $4,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $51,000 | $104,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $878,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $82,000 | $42,000 | - | - | - | - | - | - | - | - | $123,000 |
| remaining balance payment | - | $40,000 | - | - | - | - | - | - | - | - | $40,000 |
| closing cost | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | $849 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $89,000 |
| mortgage payment | - | $3,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $330,000 |
| total expense investment | $82,000 | $139,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $636,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$37,293 | -$87,952 | $53,000 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $241,000 |
| cumulative roi | $54 | $44 | $73 | $88 | $101 | $114 | $126 | $137 | $149 | $160 | $1,000 |
Above Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $1,376,000
Avail. suites: 23
0—3 bd
338—1319 SqFt