Suite number:
319 - Malevich
Project:
Address:
Mississauga, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
724 sqft
Occupancy Date:
Sep 2024
Price, CAD
$679,990
Available
ROI
14,87%
Monthly Expenses
- condo fees— $442
- property taxes— $170
- property management— $130
- repairs and maintenance— $65
Total: $807
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.46%
Cumulative Return on Investment in Year 5
143.84%
Property Price at the End of Year 5
$876,000
Deposit Schedule
$5 at Signing
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $449,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $11,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $108,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $46,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $557,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $341,000 |
| total expense investment | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $341,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $12,000 | $12,000 | $14,000 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $216,000 |
| cumulative roi | $135 | $135 | $137 | $140 | $144 | $147 | $151 | $155 | $159 | $164 | $1,000 |
Artform Condos
Address: Mississauga, Ontario
Price Range: $530,000 - $800,000
Avail. suites: 22
1.5—2.5 bd
475—885 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.