Suite number:

C1009 - BURNET

Address:
Richmond Hill, Ontario
Developer:
Greenpark Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1009 sqft
Occupancy Date:
Sep 2027
Price, CAD
$1,050,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

22.65%

Cumulative Return on Investment in Year 5

104.63%

Property Price at the End of Year 5

$1,354,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$52,545
2.5% in 180 days
$26,273
2.5% in 365 days
$26,273
2.5% in 545 days
$26,273
2.5% in 725 days
$26,273
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$54,000$57,000$60,000$64,000$67,000$70,000$74,000$78,000$82,000$86,000$694,000
rent income--$25,000$31,000$32,000$33,000$35,000$36,000$38,000$39,000$268,000
mortgage principal reduction--$11,000$13,000$14,000$15,000$16,000$16,000$17,000$18,000$120,000
deposit interest-$2,453$10,000$1,000-------$9,000
gst hst rebate--$24,000-------$24,000
total income return$52,000$68,000$121,000$108,000$113,000$118,000$124,000$130,000$137,000$144,000$1,115,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$79,000$79,000$53,000-------$210,000
remaining balance payment-----------
closing cost--$58,000-------$58,000
operating expense--$11,000$14,000$14,000$15,000$15,000$15,000$16,000$16,000$117,000
mortgage payment--$44,000$53,000$53,000$53,000$53,000$53,000$53,000$53,000$412,000
total expense investment$79,000$79,000$166,000$67,000$67,000$67,000$68,000$68,000$68,000$69,000$797,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$26,779-$11,066-$44,774$41,000$46,000$51,000$57,000$62,000$68,000$75,000$318,000
cumulative roi$69$76$75$91$105$117$129$141$152$164$1,000
Rise & Rose Condos (Tower 1 & 2)
Address: Richmond Hill, Ontario
Price Range: $623,000 - $1,051,000
Avail. suites: 15
1—3 bd
492—1145 SqFt