Suite number:
1207 - East Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
976 sqft
Occupancy Date:
Jan 2026
$989,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.01%
Cumulative Return on Investment in Year 5
103.48%
Property Price at the End of Year 5
$1,274,000
Deposit Schedule
$5 at Signing
Total up to 5% in 365 days
$49,450
10% on Occupancy
$98,900
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $653,000 |
rent income | - | $29,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $359,000 |
mortgage principal reduction | - | $11,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $135,000 |
deposit interest | $3,000 | $285 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $54,000 | $118,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $140,000 | $147,000 | $1,174,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $49,000 | $99,000 | - | - | - | - | - | - | - | - | $148,000 |
remaining balance payment | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
closing cost | - | $55,000 | - | - | - | - | - | - | - | - | $55,000 |
operating expense | - | $12,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $148,000 |
mortgage payment | - | $40,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $425,000 |
total expense investment | $49,000 | $256,000 | $63,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $826,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$138,500 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $68,000 | $74,000 | $80,000 | $348,000 |
cumulative roi | $109 | $53 | $71 | $88 | $103 | $118 | $133 | $147 | $162 | $176 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt