Suite number:
C784 - BURNET
Project:
Address:
Richmond Hill, Ontario
Developer:
Greenpark Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
784 sqft
Occupancy Date:
Sep 2026
Price, CAD
$798,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.97%
Cumulative Return on Investment in Year 5
104.54%
Property Price at the End of Year 5
$1,029,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$39,945
2.5% in 180 days
$19,973
2.5% in 365 days
$19,973
2.5% in 545 days
$19,973
7.5% on Occupancy
$59,918
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $527,000 |
| rent income | - | $4,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $219,000 |
| mortgage principal reduction | - | $2,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $99,000 |
| deposit interest | $2,000 | $5,000 | - | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $78,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $877,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $60,000 | $100,000 | - | - | - | - | - | - | - | - | $160,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | $2,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $97,000 |
| mortgage payment | - | $6,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $317,000 |
| total expense investment | $60,000 | $160,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $626,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$16,051 | -$81,280 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $59,000 | $251,000 |
| cumulative roi | $73 | $57 | $75 | $91 | $105 | $118 | $130 | $142 | $154 | $166 | $1,000 |
Rise & Rose Condos (Tower 1 & 2)
Address: Richmond Hill, Ontario
Price Range: $623,000 - $1,051,000
Avail. suites: 15
1—3 bd
492—1145 SqFt