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$777,900

Canopy Towers 1 & 2 - 5081 Hurontario St - 2tz_bf_b - Mississauga, ON, L4Z 3X7

MLS® # PB370-2TZ_BF_B

2.0 Beds

1 Bath

742 sqft

Property Features:

  • Bedrooms: 2.0
  • Bathrooms: 1.0
  • Floor Space (approx): 742

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

64.9%

Cumulative Market Appreciation

$214,919

Net Operating Income in Year 5

$15,020

Cash on Cash Return in Year 5

-6.3%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$
Mortgage Amount $505,635
Mortgage Payment
%
$2,623

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,808
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $820
Net Operating Income $987
Debt Service
Mortgage Payment $2,623
Net Cash Flow -$1,635

Acquistion Costs

Deposit $272,265
Land Transfer Tax $12,033
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $0
Total Acquisition Costs $300,798

Deposit Schedule

With the Offer $10,000
Deposit @ 30 days $28,895
Deposit @ 365 days $38,895
Deposit @ 1000 days $38,895
Due on Occupancy $155,580
Total Deposit $272,265
Closing Date Nov 1, 2028

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $38,895$38,895$38,895$155,580 - - - - - -
Closing Costs - - - $28,533 - - - - - -
Mortgage Paydown - - - $1,285$7,928$8,310$8,709$9,128$9,566$10,026
Total $38,895$38,895$38,895$185,398$7,928$8,310$8,709$9,128$9,566$10,026
Cash Invested $38,895$77,790$116,685$302,083$310,012$318,322$327,032$336,160$345,726$355,753
Rental Cash Flows
Rent and other income - - - $3,617$21,859$22,798$23,779$24,801$25,868$26,980
Operating Expenses - - - -$1,641-$9,892-$10,136-$10,387-$10,646-$10,911-$11,184
Mortgage Payment - - - -$5,247-$31,482-$31,482-$31,482-$31,482-$31,482-$31,482
Net Cash Flow - - - -$3,271-$19,515-$18,820-$18,090-$17,326-$16,525-$15,686
Returns
Property Price Appreciation $38,895$40,839$42,881$45,025$47,277$49,640$52,123$54,729$57,465$60,338
Mortgage Paydown - - - $1,285$7,928$8,310$8,709$9,128$9,566$10,026
Net Cash Flow - - - -$3,271-$19,515-$18,820-$18,090-$17,326-$16,525-$15,686
Total Return $38,895$40,839$42,881$43,039$35,690$39,130$42,741$46,530$50,506$54,679
Cumulative Return $38,895$79,734$122,616$165,656$201,346$240,477$283,219$329,749$380,256$434,935
Investment Metrics
Cumulative ROI 100.0% 102.5% 105.1% 54.8% 64.9% 75.5% 86.6% 98.1% 110.0% 122.3%
Cash On Cash - - - -1.1% -6.3% -5.9% -5.5% -5.2% -4.8% -4.4%

Location of 2tz_bf_b-5081 Hurontario St, Mississauga, ON, L4Z 3X7

Demographic Information of 2tz_bf_b-5081 Hurontario St, Mississauga, ON, L4Z 3X7

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$97,162.45

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.53 %

High school certificate or equivalent

24.24 %

Apprenticeship trade certificate/diploma

2.25 %

College/non-university certificate

14.91 %

University certificate (below bachelor)

2.46 %

University Degree

44.61 %

Commuter

Travel To Work

By Car

80.6 %

By Public Transit

13.65 %

By Walking

2.37 %

By Bicycle

0.63 %

By Other Methods

2.75 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

76.57 %

Houses

23.43 %

Own Vs. Rent