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
18.27%
Cumulative Return on Investment in Year 5
88.82%
Property Price at the End of Year 5
$1,090,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$42,300
5% on Occupancy
$42,300
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 | $16,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $248,000 |
| mortgage principal reduction | $8,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $126,000 |
| deposit interest | $274 | - | - | - | - | - | - | - | - | - | $274 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $92,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $957,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $85,000 | - | - | - | - | - | - | - | - | - | $85,000 |
| remaining balance payment | $85,000 | - | - | - | - | - | - | - | - | - | $85,000 |
| closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $109,000 |
| mortgage payment | $32,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $413,000 |
| total expense investment | $262,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $745,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$170,733 | $26,000 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $212,000 |
| cumulative roi | $31 | $48 | $63 | $77 | $89 | $100 | $111 | $122 | $133 | $144 | $919 |
NorthShore Condos
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 15
1—3.5 bd
470—998 SqFt