Suite number:
The Monet The Upper Penthouse
Project:
Address:
Burlington, Ontario
Developer:
Carriage Gate Homes
Property type:
condo
Floor plan:
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
32.12%
Cumulative Return on Investment in Year 5
157.93%
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 | $107,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $488,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $231,000 | $166,000 | $174,000 | $183,000 | $193,000 | $202,000 | $213,000 | $224,000 | $235,000 | $247,000 | $2,069,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $1,199,000 |
| total expense investment | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $1,199,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $111,000 | $46,000 | $54,000 | $63,000 | $73,000 | $83,000 | $93,000 | $104,000 | $115,000 | $127,000 | $869,000 |
| cumulative roi | $193 | $166 | $159 | $157 | $158 | $160 | $162 | $165 | $169 | $172 | $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