Suite number:
2B+D (Podium)
Project:
Address:
Mississauga, Ontario
Developer:
Marlin Spring Developments
Property type:
condo
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
23.00%
Cumulative Return on Investment in Year 5
109.90%
Property Price at the End of Year 5
$1,051,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$40,800
5% in 0 days
$40,800
5% in 30 days
$40,800
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 | - | - | $19,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $206,000 |
| mortgage principal reduction | - | - | $9,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $97,000 |
| deposit interest | $4,000 | $8,000 | $705 | - | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $46,000 | $53,000 | $99,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $106,000 | $111,000 | $877,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $82,000 | $41,000 | $41,000 | - | - | - | - | - | - | - | $163,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $8,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $89,000 |
| mortgage payment | - | - | $33,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $311,000 |
| total expense investment | $82,000 | $41,000 | $134,000 | $50,000 | $50,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $615,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$35,668 | $12,000 | -$34,894 | $34,000 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $59,000 | $263,000 |
| cumulative roi | $56 | $81 | $80 | $96 | $110 | $123 | $135 | $147 | $159 | $170 | $1,000 |
Above Condos
Address: Mississauga, Ontario
Price Range: $600,000 - $1,376,000
Avail. suites: 23
0—3 bd
338—1319 SqFt