Suite number:
Windsong
Project:
Address:
Mississauga, Ontario
Developer:
Kingsmen Group Inc.
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
1567 sqft
Occupancy Date:
Sep 2022
Price, CAD
$1,136,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.09%
Cumulative Return on Investment in Year 5
157.36%
Property Price at the End of Year 5
$1,465,000
Deposit Schedule
$5 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 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $750,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $49,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $230,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $108,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $980,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $569,000 |
| total expense investment | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $569,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $52,000 | $22,000 | $26,000 | $30,000 | $34,000 | $39,000 | $44,000 | $49,000 | $55,000 | $60,000 | $411,000 |
| cumulative roi | $190 | $164 | $158 | $157 | $157 | $159 | $162 | $165 | $168 | $172 | $2,000 |
Rise at Stride Condos
Address: Mississauga, Ontario
Price Range: $878,000 - $1,137,000
Avail. suites: 6
1—3 bd
735—1567 SqFt