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 2028
Price, CAD
$1,160,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.54%
Cumulative Return on Investment in Year 5
101.85%
Property Price at the End of Year 5
$1,496,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$58,050
2.5% in 207 days
$29,025
5% in 572 days
$58,050
5% on Occupancy
$58,050
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 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $766,000 |
| rent income | - | - | $11,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $195,000 |
| mortgage principal reduction | - | - | $7,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $126,000 |
| deposit interest | -$1,204 | $6,000 | $3,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $59,000 | $69,000 | $112,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $138,000 | $144,000 | $1,119,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $87,000 | $58,000 | $58,000 | - | - | - | - | - | - | - | $203,000 |
| remaining balance payment | - | - | $29,000 | - | - | - | - | - | - | - | $29,000 |
| closing cost | - | - | $60,000 | - | - | - | - | - | - | - | $60,000 |
| operating expense | - | - | $6,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $91,000 |
| mortgage payment | - | - | $29,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $436,000 |
| total expense investment | $87,000 | $58,000 | $182,000 | $69,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $819,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$28,079 | $11,000 | -$69,515 | $38,000 | $44,000 | $49,000 | $55,000 | $60,000 | $67,000 | $73,000 | $300,000 |
| cumulative roi | $69 | $88 | $75 | $90 | $102 | $113 | $123 | $132 | $142 | $151 | $1,000 |
Above Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $1,376,000
Avail. suites: 23
0—3 bd
338—1319 SqFt