Suite number:
1302 - East Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
888 sqft
Occupancy Date:
Jan 2026
Price, CAD
$879,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.02%
Cumulative Return on Investment in Year 5
95.18%
Property Price at the End of Year 5
$1,132,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$131,850
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 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $580,000 |
rent income | - | $24,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $275,000 |
mortgage principal reduction | - | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $118,000 |
deposit interest | $2,000 | $56 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $48,000 | $106,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $124,000 | $999,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $44,000 | $88,000 | - | - | - | - | - | - | - | - | $132,000 |
remaining balance payment | - | $44,000 | - | - | - | - | - | - | - | - | $44,000 |
closing cost | - | $55,000 | - | - | - | - | - | - | - | - | $55,000 |
operating expense | - | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $126,000 |
mortgage payment | - | $40,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $392,000 |
total expense investment | $44,000 | $239,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $749,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$132,728 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $250,000 |
cumulative roi | $109 | $51 | $68 | $82 | $95 | $108 | $119 | $131 | $143 | $154 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt