Suite number:
C1009 - BURNET
Project:
Address:
Richmond Hill, Ontario
Developer:
Greenpark Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1009 sqft
Occupancy Date:
Sep 2027
Price, CAD
$1,050,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.97%
Cumulative Return on Investment in Year 5
101.34%
Property Price at the End of Year 5
$1,354,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$52,545
2.5% in 180 days
$26,273
2.5% in 365 days
$26,273
2.5% in 545 days
$26,273
2.5% in 725 days
$26,273
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 | $54,000 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $694,000 |
| rent income | - | $2,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $278,000 |
| mortgage principal reduction | - | $1,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $125,000 |
| deposit interest | -$1,772 | $8,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $53,000 | $69,000 | $127,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $1,126,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | $131,000 | - | - | - | - | - | - | - | - | $210,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $58,000 | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | - | $1,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $121,000 |
| mortgage payment | - | $4,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $425,000 |
| total expense investment | $79,000 | $195,000 | $66,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $814,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$26,098 | -$126,351 | $61,000 | $41,000 | $46,000 | $52,000 | $57,000 | $63,000 | $69,000 | $75,000 | $312,000 |
| cumulative roi | $69 | $45 | $72 | $88 | $101 | $114 | $126 | $138 | $149 | $161 | $1,000 |
Rise & Rose Condos (Tower 1 & 2)
Address: Richmond Hill, Ontario
Price Range: $623,000 - $1,051,000
Avail. suites: 15
1—3 bd
492—1145 SqFt