Suite number:
311 - 1C+D-b
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
567 sqft
Occupancy Date:
Jul 2025
Price, CAD
$593,490
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.24%
Cumulative Return on Investment in Year 5
95.71%
Property Price at the End of Year 5
$765,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,675
5% on Occupancy
$29,675
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 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $392,000 |
| rent income | $10,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $227,000 |
| mortgage principal reduction | $4,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $86,000 |
| deposit interest | $7 | - | - | - | - | - | - | - | - | - | $7 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $728,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| remaining balance payment | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $85,000 |
| mortgage payment | $15,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $282,000 |
| total expense investment | $186,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $534,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$118,123 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $45,000 | $48,000 | $194,000 |
| cumulative roi | $33 | $51 | $67 | $82 | $96 | $109 | $123 | $136 | $150 | $164 | $1,000 |
NorthShore Condos
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 13
1—3.5 bd
470—998 SqFt