Suite number:
514 - 2C-b
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
719 sqft
Occupancy Date:
Sep 2025
Price, CAD
$845,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.95%
Cumulative Return on Investment in Year 5
156.76%
Property Price at the End of Year 5
$1,090,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 9999 days
$84,599
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $558,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $132,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $79,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $714,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $424,000 |
total expense investment | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $424,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $37,000 | $15,000 | $18,000 | $21,000 | $24,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $290,000 |
cumulative roi | $204 | $168 | $159 | $157 | $157 | $158 | $160 | $163 | $166 | $170 | $2,000 |
NorthShore Condos
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 15
1—3.5 bd
470—998 SqFt