Suite number:
1012 - East Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
782 sqft
Occupancy Date:
Jan 2026
$649,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.10%
Cumulative Return on Investment in Year 5
107.46%
Property Price at the End of Year 5
$836,000
Deposit Schedule
$5 at Signing
Total up to 5% in 365 days
$32,450
10% on Occupancy
$64,900
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 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $428,000 |
rent income | - | $23,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $288,000 |
mortgage principal reduction | - | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $89,000 |
deposit interest | $2,000 | $187 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $90,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $103,000 | $831,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $32,000 | $65,000 | - | - | - | - | - | - | - | - | $97,000 |
remaining balance payment | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
closing cost | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
operating expense | - | $10,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $115,000 |
mortgage payment | - | $26,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $279,000 |
total expense investment | $32,000 | $182,000 | $43,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $46,000 | $46,000 | $572,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$92,121 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $53,000 | $57,000 | $259,000 |
cumulative roi | $109 | $54 | $73 | $91 | $107 | $124 | $141 | $158 | $175 | $193 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt