Suite number:
Burroughs
Project:
Address:
Mississauga, Ontario
Developer:
YYZed Project Management Inc.
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
1008 sqft
Occupancy Date:
Sep 2025
$1,177,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.32%
Cumulative Return on Investment in Year 5
100.05%
Property Price at the End of Year 5
$1,517,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 90 days
$29,448
2.5% in 150 days
$29,448
2.5% in 210 days
$29,448
10% on Occupancy
$117,790
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 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $97,000 | $777,000 |
rent income | $6,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $388,000 |
mortgage principal reduction | $2,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $169,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $96,000 | $115,000 | $121,000 | $127,000 | $133,000 | $139,000 | $146,000 | $153,000 | $161,000 | $168,000 | $1,360,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $211,000 | - | - | - | - | - | - | - | - | - | $211,000 |
remaining balance payment | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
operating expense | $2,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $153,000 |
mortgage payment | $10,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $525,000 |
total expense investment | $307,000 | $72,000 | $73,000 | $73,000 | $73,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $973,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$210,538 | $43,000 | $48,000 | $54,000 | $59,000 | $65,000 | $72,000 | $78,000 | $85,000 | $92,000 | $387,000 |
cumulative roi | $31 | $51 | $69 | $85 | $100 | $114 | $128 | $141 | $154 | $168 | $1,000 |
Emerson House
Address: Mississauga, Ontario
Price Range: $1,010,000 - $2,637,000
Avail. suites: 28
1.5—2.5 bd
853—2555 SqFt