Suite number:
1110 - West Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
682 sqft
Occupancy Date:
Jan 2026
$685,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.12%
Cumulative Return on Investment in Year 5
102.16%
Property Price at the End of Year 5
$882,000
Deposit Schedule
$5 at Signing
Total up to 5% in 365 days
$34,250
10% on Occupancy
$68,500
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 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $452,000 |
rent income | - | $20,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $251,000 |
mortgage principal reduction | - | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $13,000 | $94,000 |
deposit interest | $2,000 | $197 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $37,000 | $89,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $97,000 | $102,000 | $823,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $34,000 | $69,000 | - | - | - | - | - | - | - | - | $103,000 |
remaining balance payment | - | $34,000 | - | - | - | - | - | - | - | - | $34,000 |
closing cost | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $9,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $103,000 |
mortgage payment | - | $28,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $294,000 |
total expense investment | $34,000 | $188,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $47,000 | $584,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$99,340 | $29,000 | $33,000 | $36,000 | $40,000 | $43,000 | $47,000 | $51,000 | $56,000 | $239,000 |
cumulative roi | $109 | $53 | $71 | $87 | $102 | $117 | $131 | $145 | $159 | $174 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt