Suite number:
C840 - BURNET
Project:
Address:
Richmond Hill, Ontario
Developer:
Greenpark Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
840 sqft
Occupancy Date:
Sep 2027
Price, CAD
$842,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.21%
Cumulative Return on Investment in Year 5
104.23%
Property Price at the End of Year 5
$1,086,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$42,145
2.5% in 180 days
$21,073
2.5% in 365 days
$21,073
2.5% in 545 days
$21,073
2.5% in 725 days
$21,073
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $556,000 |
| rent income | - | - | $20,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $223,000 |
| mortgage principal reduction | - | - | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $96,000 |
| deposit interest | -$1,967 | $8,000 | $998 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $54,000 | $103,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $907,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $63,000 | $63,000 | $42,000 | - | - | - | - | - | - | - | $169,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $54,000 | - | - | - | - | - | - | - | $54,000 |
| operating expense | - | - | $9,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $96,000 |
| mortgage payment | - | - | $35,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $331,000 |
| total expense investment | $63,000 | $63,000 | $141,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $55,000 | $649,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$21,479 | -$8,876 | -$38,000 | $34,000 | $38,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $258,000 |
| cumulative roi | $69 | $76 | $75 | $91 | $104 | $117 | $129 | $141 | $153 | $164 | $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