Suite number:
BRAVE
Project:
Address:
Mississauga, Ontario
Developer:
The Daniels Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
945 sqft
Occupancy Date:
Mar 2025
Price, CAD
$961,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.96%
Cumulative Return on Investment in Year 5
91.49%
Property Price at the End of Year 5
$1,239,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$48,095
5% on Occupancy
$48,095
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 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $635,000 |
| rent income | $23,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $330,000 |
| mortgage principal reduction | $10,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $145,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $107,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $1,134,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| remaining balance payment | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | $11,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $140,000 |
| mortgage payment | $40,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $474,000 |
| total expense investment | $299,000 | $61,000 | $62,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $64,000 | $64,000 | $862,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$192,642 | $32,000 | $37,000 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $73,000 | $272,000 |
| cumulative roi | $31 | $49 | $64 | $78 | $91 | $104 | $116 | $128 | $140 | $152 | $953 |
The Kith Condominiums
Address: Mississauga, Ontario
Price Range: $526,000 - $981,000
Avail. suites: 27
0—2 bd
417—1017 SqFt