Suite number:

A592 - BURNET

Address:
Richmond Hill, Ontario
Developer:
Greenpark Group
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
592 sqft
Occupancy Date:
Sep 2026
Price, CAD
$622,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

21.00%

Cumulative Return on Investment in Year 5

101.77%

Property Price at the End of Year 5

$802,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,145
2.5% in 180 days
$15,573
2.5% in 365 days
$15,573
2.5% in 545 days
$15,573
7.5% on Occupancy
$46,718
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$32,000$34,000$36,000$38,000$40,000$42,000$44,000$46,000$49,000$51,000$411,000
rent income-$2,000$14,000$15,000$15,000$16,000$17,000$17,000$18,000$19,000$132,000
mortgage principal reduction-$1,000$9,000$9,000$10,000$10,000$10,000$11,000$11,000$12,000$83,000
deposit interest$2,000$4,000--------$6,000
gst hst rebate-$24,000--------$24,000
total income return$34,000$66,000$59,000$61,000$64,000$68,000$71,000$74,000$78,000$82,000$656,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$47,000$78,000--------$125,000
remaining balance payment-----------
closing cost-$48,000--------$48,000
operating expense-$1,000$8,000$8,000$8,000$9,000$9,000$9,000$9,000$10,000$71,000
mortgage payment-$5,000$29,000$29,000$29,000$29,000$29,000$29,000$29,000$29,000$233,000
total expense investment$47,000$132,000$36,000$37,000$37,000$37,000$37,000$38,000$38,000$38,000$477,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$12,510-$65,915$22,000$25,000$28,000$30,000$33,000$37,000$40,000$43,000$180,000
cumulative roi$73$58$75$89$102$114$125$135$146$156$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