Suite number:
321
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
810 sqft
Occupancy Date:
Jul 2025
Price, CAD
$860,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.99%
Cumulative Return on Investment in Year 5
91.41%
Property Price at the End of Year 5
$1,109,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$43,050
5% on Occupancy
$43,050
Net Gain (Loss)
Get Expert Advice
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 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $568,000 |
| rent income | $12,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $271,000 |
| mortgage principal reduction | $5,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $125,000 |
| deposit interest | $10 | - | - | - | - | - | - | - | - | - | $10 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $86,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $120,000 | $988,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $86,000 | - | - | - | - | - | - | - | - | - | $86,000 |
| remaining balance payment | $86,000 | - | - | - | - | - | - | - | - | - | $86,000 |
| closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $116,000 |
| mortgage payment | $22,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $410,000 |
| total expense investment | $253,000 | $54,000 | $55,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $752,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$167,743 | $28,000 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $53,000 | $59,000 | $64,000 | $236,000 |
| cumulative roi | $31 | $49 | $65 | $79 | $91 | $104 | $115 | $127 | $138 | $150 | $948 |
NorthShore Condos
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 13
1—3.5 bd
470—998 SqFt