Suite number:
319 - 3C+D-t
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
998 sqft
Occupancy Date:
Jul 2025
Price, CAD
$1,008,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.75%
Cumulative Return on Investment in Year 5
98.80%
Property Price at the End of Year 5
$1,300,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$50,450
5% on Occupancy
$50,450
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $666,000 |
| rent income | $17,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $399,000 |
| mortgage principal reduction | $6,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $146,000 |
| deposit interest | $12 | - | - | - | - | - | - | - | - | - | $12 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $100,000 | $104,000 | $109,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $144,000 | $151,000 | $1,235,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $101,000 | - | - | - | - | - | - | - | - | - | $101,000 |
| remaining balance payment | $101,000 | - | - | - | - | - | - | - | - | - | $101,000 |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $7,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $148,000 |
| mortgage payment | $25,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $480,000 |
| total expense investment | $291,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $68,000 | $887,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$191,330 | $39,000 | $43,000 | $48,000 | $54,000 | $59,000 | $65,000 | $71,000 | $77,000 | $84,000 | $348,000 |
| cumulative roi | $30 | $50 | $68 | $84 | $99 | $113 | $128 | $142 | $157 | $172 | $1,000 |
NorthShore Condos
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 13
1—3.5 bd
470—998 SqFt