Suite number:
ACCORD (ADP)
Project:
Address:
Mississauga, Ontario
Developer:
The Daniels Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
918 sqft
Occupancy Date:
Mar 2025
Price, CAD
$933,900
Available
ROI
13,72%
Monthly Expenses
- condo fees— $597
- property taxes— $233
- property management— $138
- repairs and maintenance— $69
Total: $1,037
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.91%
Cumulative Return on Investment in Year 5
91.42%
Property Price at the End of Year 5
$1,203,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$46,695
5% on Occupancy
$46,695
Net Gain (Loss)
- Net Gain Loss
Get Expert Advice
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 | $48,000 | $51,000 | $54,000 | $57,000 | $59,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $616,000 |
| rent income | $22,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $320,000 |
| mortgage principal reduction | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $18,000 | $141,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $104,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $1,102,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| remaining balance payment | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | $10,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $136,000 |
| mortgage payment | $39,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $460,000 |
| total expense investment | $292,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $838,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$187,404 | $31,000 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $60,000 | $65,000 | $71,000 | $264,000 |
| cumulative roi | $31 | $49 | $64 | $78 | $91 | $104 | $116 | $128 | $140 | $152 | $952 |
The Kith Condominiums
Address: Mississauga, Ontario
Price Range: $526,000 - $981,000
Avail. suites: 27
0—2 bd
417—1017 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.