Suite number:
314 - 2C-b
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
719 sqft
Occupancy Date:
Jul 2025
Price, CAD
$841,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.34%
Cumulative Return on Investment in Year 5
93.04%
Property Price at the End of Year 5
$1,085,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$42,100
5% on Occupancy
$42,100
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 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $556,000 |
| rent income | $7,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $236,000 |
| mortgage principal reduction | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $123,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $79,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $940,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
| remaining balance payment | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
| closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | $3,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $108,000 |
| mortgage payment | $14,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $382,000 |
| total expense investment | $238,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $54,000 | $54,000 | $710,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$158,319 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $61,000 | $229,000 |
| cumulative roi | $32 | $50 | $66 | $80 | $93 | $105 | $116 | $128 | $138 | $149 | $959 |
NorthShore
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 13
1—3.5 bd
470—998 SqFt