Suite number:
Escape A
Project:
Address:
Mississauga, Ontario
Developer:
Kingsmen Group Inc.
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
1530 sqft
Occupancy Date:
Sep 2022
Price, CAD
$1,109,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.18%
Cumulative Return on Investment in Year 5
162.40%
Property Price at the End of Year 5
$1,430,000
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 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $733,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $48,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $227,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $105,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $959,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $540,000 |
| total expense investment | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $540,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $51,000 | $23,000 | $27,000 | $31,000 | $36,000 | $40,000 | $45,000 | $50,000 | $55,000 | $61,000 | $419,000 |
| cumulative roi | $195 | $169 | $163 | $162 | $162 | $164 | $167 | $170 | $174 | $178 | $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