Suite number:
Coleridge
Project:
Address:
Mississauga, Ontario
Developer:
YYZed Project Management Inc.
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1429 sqft
Occupancy Date:
Sep 2025
$1,581,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.08%
Cumulative Return on Investment in Year 5
102.15%
Property Price at the End of Year 5
$2,038,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 90 days
$39,548
2.5% in 150 days
$39,548
2.5% in 210 days
$39,548
10% on Occupancy
$158,190
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 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $130,000 | $1,044,000 |
rent income | $8,000 | $51,000 | $53,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $68,000 | $71,000 | $550,000 |
mortgage principal reduction | $3,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $226,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $121,000 | $158,000 | $165,000 | $173,000 | $182,000 | $190,000 | $200,000 | $209,000 | $219,000 | $230,000 | $1,847,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $282,000 | - | - | - | - | - | - | - | - | - | $282,000 |
remaining balance payment | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
closing cost | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
operating expense | $3,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $215,000 |
mortgage payment | $13,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $705,000 |
total expense investment | $400,000 | $98,000 | $98,000 | $99,000 | $100,000 | $100,000 | $101,000 | $102,000 | $103,000 | $103,000 | $1,304,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$278,580 | $60,000 | $67,000 | $74,000 | $82,000 | $90,000 | $98,000 | $107,000 | $117,000 | $127,000 | $544,000 |
cumulative roi | $29 | $51 | $70 | $87 | $102 | $117 | $131 | $145 | $159 | $174 | $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