Suite number:
104 - 1H+D
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
645 sqft
Occupancy Date:
Jul 2025
Price, CAD
$713,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.27%
Cumulative Return on Investment in Year 5
98.84%
Property Price at the End of Year 5
$920,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,700
5% on Occupancy
$35,700
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $471,000 |
| rent income | $8,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $254,000 |
| mortgage principal reduction | $3,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $104,000 |
| deposit interest | $993 | - | - | - | - | - | - | - | - | - | $993 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $73,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $854,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
| remaining balance payment | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
| closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | $3,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $99,000 |
| mortgage payment | $12,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $324,000 |
| total expense investment | $207,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $616,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$134,630 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $57,000 | $239,000 |
| cumulative roi | $33 | $52 | $69 | $84 | $99 | $113 | $126 | $140 | $153 | $167 | $1,000 |
NorthShore
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 13
1—3.5 bd
470—998 SqFt