Suite number:
LPH11 - 1E-t
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
511 sqft
Occupancy Date:
Jul 2025
Price, CAD
$656,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.71%
Cumulative Return on Investment in Year 5
87.02%
Property Price at the End of Year 5
$846,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$32,850
5% on Occupancy
$32,850
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $434,000 |
| rent income | $4,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $134,000 |
| mortgage principal reduction | $3,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $96,000 |
| deposit interest | $915 | - | - | - | - | - | - | - | - | - | $915 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $66,000 | $57,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $689,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| remaining balance payment | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $2,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $75,000 |
| mortgage payment | $11,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $298,000 |
| total expense investment | $193,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $554,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$127,267 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $135,000 |
| cumulative roi | $33 | $50 | $64 | $76 | $87 | $97 | $107 | $116 | $124 | $133 | $887 |
NorthShore
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 13
1—3.5 bd
470—998 SqFt