Suite number:
6201 - Santorini
Address:
Mississauga, Ontario
Developer:
Camrost Felcorp
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1460 sqft
Occupancy Date:
Aug 2026
Price, CAD
$2,419,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.59%
Cumulative Return on Investment in Year 5
93.83%
Property Price at the End of Year 5
$3,118,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$120,995
2.5% in 180 days
$60,498
12.5% on Occupancy
$302,488
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 | $125,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $171,000 | $179,000 | $189,000 | $199,000 | $1,597,000 |
rent income | $4,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $72,000 | $552,000 |
mortgage principal reduction | $2,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $331,000 |
deposit interest | $7,000 | - | - | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $163,000 | $214,000 | $224,000 | $235,000 | $247,000 | $259,000 | $272,000 | $285,000 | $299,000 | $314,000 | $2,511,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $484,000 | - | - | - | - | - | - | - | - | - | $484,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $87,000 | - | - | - | - | - | - | - | - | - | $87,000 |
operating expense | $2,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $206,000 |
mortgage payment | $10,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $121,000 | $1,101,000 |
total expense investment | $583,000 | $142,000 | $142,000 | $143,000 | $143,000 | $144,000 | $144,000 | $145,000 | $145,000 | $146,000 | $1,878,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$420,235 | $72,000 | $82,000 | $92,000 | $103,000 | $115,000 | $127,000 | $140,000 | $154,000 | $168,000 | $633,000 |
cumulative roi | $28 | $49 | $66 | $81 | $94 | $106 | $117 | $128 | $139 | $149 | $957 |
Exchange District Condos Phase 3 (EX3)
Address: Mississauga, Ontario
Price Range: $2,332,000 - $2,483,000
Avail. suites: 6
1—5 bd
420—7800 SqFt