Suite number:
320 - 1H-t
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
531 sqft
Occupancy Date:
Sep 2025
Price, CAD
$609,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.77%
Cumulative Return on Investment in Year 5
83.88%
Property Price at the End of Year 5
$786,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,500
5% on Occupancy
$30,500
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 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $403,000 |
| rent income | $9,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $147,000 |
| mortgage principal reduction | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $91,000 |
| deposit interest | $203 | - | - | - | - | - | - | - | - | - | $203 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $71,000 | $54,000 | $57,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $79,000 | $665,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| remaining balance payment | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $5,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $77,000 |
| mortgage payment | $23,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $298,000 |
| total expense investment | $199,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $546,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$128,657 | $16,000 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $119,000 |
| cumulative roi | $33 | $48 | $61 | $73 | $84 | $94 | $103 | $113 | $122 | $131 | $861 |
NorthShore Condos
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 15
1—3.5 bd
470—998 SqFt