Suite number:
Coleridge
Project:
Address:
Mississauga, Ontario
Developer:
YYZed Project Management Inc.
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1429 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,581,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.41%
Cumulative Return on Investment in Year 5
98.64%
Property Price at the End of Year 5
$2,039,000
Deposit Schedule
$5,000 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 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $123,000 | $130,000 | $1,045,000 |
rent income | $8,000 | $50,000 | $52,000 | $55,000 | $57,000 | $59,000 | $62,000 | $65,000 | $67,000 | $70,000 | $547,000 |
mortgage principal reduction | $3,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $219,000 |
deposit interest | $195 | - | - | - | - | - | - | - | - | - | $195 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $118,000 | $157,000 | $164,000 | $172,000 | $180,000 | $189,000 | $199,000 | $208,000 | $218,000 | $229,000 | $1,835,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $311,000 | - | - | - | - | - | - | - | - | - | $311,000 |
closing cost | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
operating expense | $3,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $207,000 |
mortgage payment | $13,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $726,000 |
total expense investment | $402,000 | $100,000 | $100,000 | $101,000 | $101,000 | $102,000 | $102,000 | $103,000 | $103,000 | $104,000 | $1,319,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$283,187 | $57,000 | $64,000 | $71,000 | $79,000 | $87,000 | $96,000 | $105,000 | $115,000 | $125,000 | $516,000 |
cumulative roi | $28 | $49 | $67 | $84 | $99 | $113 | $127 | $140 | $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