Suite number:
Atwater (Penthouse Collection)
Project:
Address:
Burlington, Ontario
Developer:
Adi Development Group
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
890 sqft
Occupancy Date:
Sep 2024
Price, CAD
$939,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.61%
Cumulative Return on Investment in Year 5
146.96%
Property Price at the End of Year 5
$1,211,000
Deposit Schedule
$10,000 at Signing
Total up to 10% in 9999 days
$93,999
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $620,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $21,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $159,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $69,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $96,000 | $779,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $471,000 |
| total expense investment | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $471,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $22,000 | $17,000 | $20,000 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $308,000 |
| cumulative roi | $147 | $142 | $142 | $144 | $147 | $150 | $154 | $157 | $161 | $166 | $2,000 |
Nautique Lakefront Residences
Address: Burlington, Ontario
Price Range: $470,000 - $1,460,000
Avail. suites: 45
0—2.5 bd
424—2062 SqFt