Suite number:
1018 - West Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
567 sqft
Occupancy Date:
Jan 2026
$683,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.58%
Cumulative Return on Investment in Year 5
89.91%
Property Price at the End of Year 5
$880,000
Deposit Schedule
$5 at Signing
Total up to 5% in 365 days
$34,150
10% on Occupancy
$68,300
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $451,000 |
rent income | - | $11,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $139,000 |
mortgage principal reduction | - | $7,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $93,000 |
deposit interest | $2,000 | $197 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $37,000 | $80,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $709,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $34,000 | $68,000 | - | - | - | - | - | - | - | - | $102,000 |
remaining balance payment | - | $34,000 | - | - | - | - | - | - | - | - | $34,000 |
closing cost | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $7,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $83,000 |
mortgage payment | - | $28,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $293,000 |
total expense investment | $34,000 | $186,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $562,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$106,266 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $147,000 |
cumulative roi | $109 | $52 | $66 | $79 | $90 | $100 | $110 | $119 | $127 | $136 | $987 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 93
1—2.5 bd
536—1370 SqFt