Suite number:
APPRECIATE
Project:
Address:
Mississauga, Ontario
Developer:
The Daniels Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
541 sqft
Occupancy Date:
Mar 2025
Price, CAD
$651,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.26%
Cumulative Return on Investment in Year 5
85.60%
Property Price at the End of Year 5
$840,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$32,595
5% on Occupancy
$32,595
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 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $430,000 |
| rent income | $8,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $148,000 |
| mortgage principal reduction | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
| deposit interest | $355 | - | - | - | - | - | - | - | - | - | $355 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $72,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $702,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| remaining balance payment | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $84,000 |
| mortgage payment | $21,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $307,000 |
| total expense investment | $205,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $570,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$132,938 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $132,000 |
| cumulative roi | $33 | $49 | $63 | $75 | $86 | $96 | $105 | $114 | $123 | $132 | $876 |
The Kith Condominiums
Address: Mississauga, Ontario
Price Range: $526,000 - $981,000
Avail. suites: 27
0—2 bd
417—1017 SqFt