Suite number:
1008 - Legacy East Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
933 sqft
Occupancy Date:
Jan 2026
Price, CAD
$899,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.70%
Cumulative Return on Investment in Year 5
99.45%
Property Price at the End of Year 5
$1,158,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$134,850
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $593,000 |
| rent income | $14,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $46,000 | $369,000 |
| mortgage principal reduction | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $129,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $90,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $124,000 | $130,000 | $137,000 | $1,116,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $135,000 | - | - | - | - | - | - | - | - | - | $135,000 |
| remaining balance payment | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
| closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | $6,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $146,000 |
| mortgage payment | $19,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $424,000 |
| total expense investment | $259,000 | $59,000 | $59,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $804,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$169,356 | $34,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $63,000 | $69,000 | $75,000 | $312,000 |
| cumulative roi | $32 | $51 | $68 | $84 | $99 | $114 | $128 | $143 | $158 | $173 | $1,000 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 160
1—2.5 bd
536—1370 SqFt