Suite number:
1207 - East Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
976 sqft
Occupancy Date:
Jan 2026
Price, CAD
$989,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.32%
Cumulative Return on Investment in Year 5
100.52%
Property Price at the End of Year 5
$1,274,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$148,350
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 | - | $31,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $361,000 |
mortgage principal reduction | - | $11,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $132,000 |
deposit interest | $3,000 | $63 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $54,000 | $121,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $133,000 | $140,000 | $146,000 | $1,173,000 |
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 | - | $57,000 | - | - | - | - | - | - | - | - | $57,000 |
operating expense | - | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $145,000 |
mortgage payment | - | $45,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $442,000 |
total expense investment | $49,000 | $264,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $841,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$143,499 | $40,000 | $45,000 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $79,000 | $332,000 |
cumulative roi | $109 | $52 | $69 | $86 | $101 | $115 | $129 | $143 | $157 | $171 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt