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$599,900

2 Beds

1 Bath

461 sqft

M6 Condos - b_461
472 Burnhamthorpe Rd W

Mississauga ON, L5B 4M6

MLS® # PB1060-B_461

Property Features:

  • Bedrooms: 1.5
  • Bathrooms: 1.0
  • Floor Space (approx): 461

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

96.6%

Cumulative Market Appreciation

$165,741

Net Operating Income in Year 5

$11,366

Cash on Cash Return in Year 5

-13.4%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$119,979
Mortgage Amount $479,921
Mortgage Payment
%
$2,490

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,341
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $591
Net Operating Income $749
Debt Service
Mortgage Payment $2,490
Net Cash Flow -$1,740

Acquistion Costs

Deposit $119,979
Land Transfer Tax $8,473
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $0
Total Acquisition Costs $144,952

Deposit Schedule

With the Offer $10,000
Deposit @ 30 days $19,995
Deposit @ 0 days $29,995
Deposit @ 760 days $14,997
Deposit @ 1125 days $14,997
Due on Occupancy $29,995
Total Deposit $119,979
Closing Date Jan 1, 2029

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $59,990 - $14,997$44,992 - - - - - -
Closing Costs - - - $24,973 - - - - - -
Mortgage Paydown - - - $1,834$7,555$7,918$8,298$8,697$9,115$9,554
Total $59,990$0$14,997$71,799$7,555$7,918$8,298$8,697$9,115$9,554
Cash Invested $59,990$59,990$74,987$146,786$154,341$162,259$170,558$179,256$188,372$197,926
Rental Cash Flows
Rent and other income - - - $4,024$16,271$16,970$17,700$18,461$19,255$20,083
Operating Expenses - - - -$1,774-$7,142-$7,320-$7,503-$7,690-$7,884-$8,082
Mortgage Payment - - - -$7,470-$29,881-$29,881-$29,881-$29,881-$29,881-$29,881
Net Cash Flow - - - -$5,220-$20,752-$20,230-$19,683-$19,110-$18,509-$17,880
Returns
Property Price Appreciation $29,995$31,494$33,069$34,722$36,459$38,282$40,196$42,205$44,316$46,532
Mortgage Paydown - - - $1,834$7,555$7,918$8,298$8,697$9,115$9,554
Net Cash Flow - - - -$5,220-$20,752-$20,230-$19,683-$19,110-$18,509-$17,880
Total Return $29,995$31,494$33,069$31,336$23,261$25,969$28,811$31,793$34,922$38,205
Cumulative Return $29,995$61,489$94,559$125,895$149,157$175,126$203,937$235,731$270,653$308,859
Investment Metrics
Cumulative ROI 50.0% 102.5% 126.1% 85.8% 96.6% 107.9% 119.6% 131.5% 143.7% 156.0%
Cash On Cash - - - -3.6% -13.4% -12.5% -11.5% -10.7% -9.8% -9.0%

Location of b_461-472 Burnhamthorpe Rd W, Mississauga, ON, L5B 4M6

Demographic Information of b_461-472 Burnhamthorpe Rd W, Mississauga, ON, L5B 4M6

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$97,423.03

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.51 %

High school certificate or equivalent

23.81 %

Apprenticeship trade certificate/diploma

4.23 %

College/non-university certificate

13.98 %

University certificate (below bachelor)

2.78 %

University Degree

40.69 %

Commuter

Travel To Work

By Car

82.7 %

By Public Transit

10.6 %

By Walking

3.85 %

By Bicycle

0.06 %

By Other Methods

2.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

76.67 %

Houses

23.33 %

Own Vs. Rent