Suite number:
223 - 2C
Project:
Address:
Mississauga, Ontario
Developer:
Diamondcorp
Property type:
condo
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
25.44%
Cumulative Return on Investment in Year 5
117.34%
Property Price at the End of Year 5
$1,275,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$49,495
5% in 30 days
$49,495
5% in 365 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 | - | - | - | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $161,000 |
| mortgage principal reduction | - | - | - | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $100,000 |
| deposit interest | $2,000 | $8,000 | $8,000 | $855 | - | - | - | - | - | - | $19,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $54,000 | $62,000 | $65,000 | $113,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $124,000 | $956,000 |
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 | - | - | - | $55,000 | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | - | $8,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $76,000 |
| mortgage payment | - | - | - | $40,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $329,000 |
| total expense investment | $49,000 | $99,000 | - | $153,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $658,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | -$37,142 | $65,000 | -$40,711 | $39,000 | $44,000 | $48,000 | $53,000 | $59,000 | $64,000 | $298,000 |
| cumulative roi | $109 | $78 | $121 | $105 | $117 | $128 | $139 | $148 | $158 | $167 | $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