Suite number:
1101 - Central East Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
682 sqft
Occupancy Date:
Jan 2026
Price, CAD
$685,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.79%
Cumulative Return on Investment in Year 5
97.18%
Property Price at the End of Year 5
$882,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$102,750
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 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $452,000 |
rent income | $10,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $270,000 |
mortgage principal reduction | $3,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $98,000 |
deposit interest | $947 | - | - | - | - | - | - | - | - | - | $947 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $74,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $845,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
remaining balance payment | $34,000 | - | - | - | - | - | - | - | - | - | $34,000 |
closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
operating expense | $4,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $107,000 |
mortgage payment | $14,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $323,000 |
total expense investment | $206,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $618,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$132,405 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $227,000 |
cumulative roi | $33 | $51 | $68 | $83 | $97 | $111 | $125 | $138 | $152 | $166 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 160
1—2.5 bd
536—1370 SqFt