Suite number:
321
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
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
19.75%
Cumulative Return on Investment in Year 5
94.86%
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 | $8,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $265,000 |
| mortgage principal reduction | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $126,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $81,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $104,000 | $110,000 | $115,000 | $120,000 | $985,000 |
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 | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | $4,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $118,000 |
| mortgage payment | $14,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $391,000 |
| total expense investment | $243,000 | $53,000 | $53,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $734,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$161,166 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $59,000 | $64,000 | $251,000 |
| cumulative roi | $32 | $51 | $67 | $82 | $95 | $107 | $119 | $131 | $143 | $155 | $982 |
NorthShore
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 13
1—3.5 bd
470—998 SqFt