Suite number:
ADORE
Project:
Address:
Mississauga, Ontario
Developer:
The Daniels Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
916 sqft
Occupancy Date:
Mar 2025
Price, CAD
$935,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.49%
Cumulative Return on Investment in Year 5
93.85%
Property Price at the End of Year 5
$1,206,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$46,795
5% on Occupancy
$46,795
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $618,000 |
| rent income | $18,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $313,000 |
| mortgage principal reduction | $8,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $143,000 |
| deposit interest | $491 | - | - | - | - | - | - | - | - | - | $491 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $99,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $133,000 | $1,098,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $94,000 | - | - | - | - | - | - | - | - | - | $94,000 |
| remaining balance payment | $94,000 | - | - | - | - | - | - | - | - | - | $94,000 |
| closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | $9,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $143,000 |
| mortgage payment | $30,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $440,000 |
| total expense investment | $280,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $62,000 | $824,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$181,426 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $71,000 | $274,000 |
| cumulative roi | $31 | $50 | $66 | $80 | $94 | $107 | $119 | $131 | $143 | $155 | $974 |
The Kith Condominiums
Address: Mississauga, Ontario
Price Range: $526,000 - $981,000
Avail. suites: 27
0—2 bd
417—1017 SqFt