Suite number:
223 - 2C
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
708 sqft
Occupancy Date:
Jan 2028
Price, CAD
$989,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.14%
Cumulative Return on Investment in Year 5
99.19%
Property Price at the End of Year 5
$1,276,000
Deposit Schedule
$5,000 at Signing
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 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $654,000 |
| rent income | - | - | $9,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $177,000 |
| mortgage principal reduction | - | - | $5,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $106,000 |
| deposit interest | $259 | $260 | $131 | - | - | - | - | - | - | - | $650 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $52,000 | $54,000 | $95,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $961,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| remaining balance payment | - | - | $193,000 | - | - | - | - | - | - | - | $193,000 |
| closing cost | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
| operating expense | - | - | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $81,000 |
| mortgage payment | - | - | $21,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $368,000 |
| total expense investment | $5,000 | - | $275,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $61,000 | $704,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $47,000 | $54,000 | -$179,873 | $34,000 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $258,000 |
| cumulative roi | $1,000 | $2,000 | $72 | $87 | $99 | $110 | $121 | $131 | $141 | $150 | $4,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt