Suite number:
1024 - West Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
697 sqft
Occupancy Date:
Jan 2026
Price, CAD
$772,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.34%
Cumulative Return on Investment in Year 5
92.87%
Property Price at the End of Year 5
$995,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$115,800
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 | - | $19,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $216,000 |
mortgage principal reduction | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $103,000 |
deposit interest | $2,000 | $49 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $94,000 | $76,000 | $79,000 | $83,000 | $87,000 | $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 | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $101,000 |
mortgage payment | - | $35,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $345,000 |
total expense investment | $39,000 | $213,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $653,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$119,493 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $202,000 |
cumulative roi | $109 | $51 | $67 | $80 | $93 | $104 | $116 | $126 | $137 | $148 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt