Suite number:
1024 - Prominent West Tower
Project:
Address:
Burlington, Ontario
Developer:
Molinaro Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
697 sqft
Occupancy Date:
Jan 2026
Price, CAD
$772,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.51%
Cumulative Return on Investment in Year 5
90.42%
Property Price at the End of Year 5
$995,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$115,800
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $510,000 |
| rent income | $10,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $233,000 |
| mortgage principal reduction | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $112,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $81,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $880,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $116,000 | - | - | - | - | - | - | - | - | - | $116,000 |
| remaining balance payment | $39,000 | - | - | - | - | - | - | - | - | - | $39,000 |
| closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | $5,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $109,000 |
| mortgage payment | $19,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $367,000 |
| total expense investment | $231,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $683,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$150,601 | $24,000 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $51,000 | $56,000 | $197,000 |
| cumulative roi | $32 | $50 | $65 | $78 | $90 | $102 | $113 | $124 | $134 | $145 | $934 |
Paradigm Grand Condos
Address: Burlington, Ontario
Price Range: $599,000 - $995,000
Avail. suites: 160
1—2.5 bd
536—1370 SqFt