Suite number:
220 - 2H
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
862 sqft
Occupancy Date:
Jul 2025
Price, CAD
$921,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.10%
Cumulative Return on Investment in Year 5
91.47%
Property Price at the End of Year 5
$1,188,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$46,100
5% on Occupancy
$46,100
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 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $608,000 |
| rent income | $13,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $289,000 |
| mortgage principal reduction | $6,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $133,000 |
| deposit interest | $11 | - | - | - | - | - | - | - | - | - | $11 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $90,000 | $88,000 | $92,000 | $97,000 | $101,000 | $106,000 | $112,000 | $117,000 | $123,000 | $129,000 | $1,054,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $92,000 | - | - | - | - | - | - | - | - | - | $92,000 |
| remaining balance payment | $92,000 | - | - | - | - | - | - | - | - | - | $92,000 |
| closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | $6,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $124,000 |
| mortgage payment | $23,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $439,000 |
| total expense investment | $269,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $802,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$178,759 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $68,000 | $252,000 |
| 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