Suite number:
COLLABORATE (T)
Project:
Address:
Mississauga, Ontario
Developer:
The Daniels Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
695 sqft
Occupancy Date:
Mar 2025
Price, CAD
$759,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.78%
Cumulative Return on Investment in Year 5
86.97%
Property Price at the End of Year 5
$979,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,995
5% on Occupancy
$37,995
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $501,000 |
| rent income | $11,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $190,000 |
| mortgage principal reduction | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $116,000 |
| deposit interest | $407 | - | - | - | - | - | - | - | - | - | $407 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $81,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $832,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| remaining balance payment | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | $6,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $106,000 |
| mortgage payment | $25,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $357,000 |
| total expense investment | $234,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $666,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$152,512 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $39,000 | $42,000 | $47,000 | $51,000 | $166,000 |
| cumulative roi | $32 | $49 | $63 | $76 | $87 | $98 | $107 | $117 | $126 | $136 | $891 |
The Kith Condominiums
Address: Mississauga, Ontario
Price Range: $526,000 - $981,000
Avail. suites: 27
0—2 bd
417—1017 SqFt