Suite number:
1018 - Gem West Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
567 sqft
Occupancy Date:
Jan 2026
Price, CAD
$683,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.23%
Cumulative Return on Investment in Year 5
84.63%
Property Price at the End of Year 5
$880,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$102,450
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $451,000 |
rent income | $6,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $150,000 |
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 | $944 | - | - | - | - | - | - | - | - | - | $944 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $69,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $88,000 | $724,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $102,000 | - | - | - | - | - | - | - | - | - | $102,000 |
remaining balance payment | $34,000 | - | - | - | - | - | - | - | - | - | $34,000 |
closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
operating expense | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $86,000 |
mortgage payment | $14,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $322,000 |
total expense investment | $205,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $595,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$135,596 | $17,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $128,000 |
cumulative roi | $33 | $49 | $62 | $74 | $85 | $94 | $104 | $113 | $121 | $130 | $864 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 160
1—2.5 bd
536—1370 SqFt