Suite number:
The Monet The Upper Penthouse
Project:
Address:
Burlington, Ontario
Developer:
Carriage Gate Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
1986 sqft
Occupancy Date:
May 2022
Price, CAD
$2,395,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.26%
Cumulative Return on Investment in Year 5
164.20%
Property Price at the End of Year 5
$3,085,000
Deposit Schedule
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 | $124,000 | $131,000 | $138,000 | $145,000 | $153,000 | $160,000 | $169,000 | $178,000 | $187,000 | $197,000 | $1,581,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $112,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $52,000 | $502,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $236,000 | $167,000 | $176,000 | $184,000 | $194,000 | $204,000 | $214,000 | $225,000 | $236,000 | $248,000 | $2,083,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $1,165,000 |
| total expense investment | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $1,165,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $119,000 | $51,000 | $59,000 | $68,000 | $77,000 | $87,000 | $97,000 | $108,000 | $120,000 | $132,000 | $918,000 |
| cumulative roi | $202 | $173 | $165 | $164 | $164 | $166 | $168 | $172 | $175 | $179 | $2,000 |
Gallery Condos And Lofts
Address: Burlington, Ontario
Price Range: $2,395,000 - $2,395,000
Avail. suites: 1
1—3.5 bd
514—1986 SqFt