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
24.45%
Cumulative Return on Investment in Year 5
112.55%
Property Price at the End of Year 5
$1,275,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$49,495
5% in 365 days
$49,495
5% in 662 days
$49,495
5% on Occupancy
$49,495
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $653,000 |
| rent income | - | - | - | $19,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $163,000 |
| mortgage principal reduction | - | - | - | $11,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $98,000 |
| deposit interest | -$3 | $8,000 | $8,000 | $190 | - | - | - | - | - | - | $16,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $51,000 | $62,000 | $65,000 | $114,000 | $97,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $953,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | $99,000 | - | $49,000 | - | - | - | - | - | - | $198,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $57,000 | - | - | - | - | - | - | $57,000 |
| operating expense | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $75,000 |
| mortgage payment | - | - | - | $45,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $343,000 |
| total expense investment | $49,000 | $99,000 | - | $161,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $673,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$37,132 | $65,000 | -$46,738 | $37,000 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $281,000 |
| cumulative roi | $104 | $76 | $120 | $101 | $113 | $123 | $133 | $143 | $152 | $161 | $1,000 |
Bridge House at Brightwater
Address: Mississauga, Ontario
Price Range: $650,000 - $1,490,000
Avail. suites: 19
0—3.5 bd
425—1413 SqFt