Suite number:
1118 - West Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
780 sqft
Occupancy Date:
Jan 2026
$709,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.79%
Cumulative Return on Investment in Year 5
105.08%
Property Price at the End of Year 5
$913,000
Deposit Schedule
$5 at Signing
Total up to 5% in 365 days
$35,450
10% on Occupancy
$70,900
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $468,000 |
rent income | - | $23,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $287,000 |
mortgage principal reduction | - | $8,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $97,000 |
deposit interest | $2,000 | $204 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $93,000 | $79,000 | $82,000 | $86,000 | $91,000 | $95,000 | $99,000 | $104,000 | $109,000 | $878,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $35,000 | $71,000 | - | - | - | - | - | - | - | - | $106,000 |
remaining balance payment | - | $35,000 | - | - | - | - | - | - | - | - | $35,000 |
closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
operating expense | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $116,000 |
mortgage payment | - | $29,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $305,000 |
total expense investment | $35,000 | $194,000 | $46,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $612,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$100,999 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $55,000 | $60,000 | $266,000 |
cumulative roi | $109 | $54 | $72 | $89 | $105 | $121 | $136 | $152 | $167 | $184 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt