Suite number:
1024 - West Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
697 sqft
Occupancy Date:
Jan 2026
$772,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.94%
Cumulative Return on Investment in Year 5
95.46%
Property Price at the End of Year 5
$995,000
Deposit Schedule
$5 at Signing
Total up to 5% in 365 days
$38,600
10% on Occupancy
$77,200
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $509,000 |
rent income | - | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $214,000 |
mortgage principal reduction | - | $8,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $106,000 |
deposit interest | $2,000 | $222 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $92,000 | $76,000 | $80,000 | $83,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $855,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $39,000 | $77,000 | - | - | - | - | - | - | - | - | $116,000 |
remaining balance payment | - | $39,000 | - | - | - | - | - | - | - | - | $39,000 |
closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
operating expense | - | $9,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $104,000 |
mortgage payment | - | $31,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $332,000 |
total expense investment | $39,000 | $207,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $641,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$114,955 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $51,000 | $55,000 | $214,000 |
cumulative roi | $109 | $52 | $68 | $83 | $95 | $107 | $119 | $130 | $141 | $152 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt