Suite number:
1008 - East Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
933 sqft
Occupancy Date:
Jan 2026
Price, CAD
$899,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.38%
Cumulative Return on Investment in Year 5
101.48%
Property Price at the End of Year 5
$1,158,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$134,850
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $593,000 |
rent income | - | $30,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $45,000 | $345,000 |
mortgage principal reduction | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $120,000 |
deposit interest | $2,000 | $58 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $49,000 | $113,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $1,085,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $45,000 | $90,000 | - | - | - | - | - | - | - | - | $135,000 |
remaining balance payment | - | $45,000 | - | - | - | - | - | - | - | - | $45,000 |
closing cost | - | $55,000 | - | - | - | - | - | - | - | - | $55,000 |
operating expense | - | $13,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $137,000 |
mortgage payment | - | $41,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $401,000 |
total expense investment | $45,000 | $244,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $773,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$130,664 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $68,000 | $74,000 | $312,000 |
cumulative roi | $109 | $52 | $70 | $86 | $101 | $116 | $131 | $145 | $160 | $175 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt