Suite number:
1302 - East Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
888 sqft
Occupancy Date:
Jan 2026
$879,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.64%
Cumulative Return on Investment in Year 5
97.80%
Property Price at the End of Year 5
$1,132,000
Deposit Schedule
$5 at Signing
Total up to 5% in 365 days
$43,950
10% on Occupancy
$87,900
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 | - | $22,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $272,000 |
mortgage principal reduction | - | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $120,000 |
deposit interest | $2,000 | $253 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $48,000 | $103,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $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 | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
operating expense | - | $11,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $129,000 |
mortgage payment | - | $36,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $378,000 |
total expense investment | $44,000 | $231,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $58,000 | $59,000 | $59,000 | $736,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | -$127,908 | $33,000 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $60,000 | $65,000 | $263,000 |
cumulative roi | $109 | $52 | $69 | $84 | $98 | $111 | $123 | $135 | $147 | $158 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt