Suite number:
319 - 3C+D-t
Project:
Address:
Burlington, Ontario
Developer:
National Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
998 sqft
Occupancy Date:
Jul 2025
Price, CAD
$1,008,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
61.91%
Cumulative Return on Investment in Year 5
299.40%
Property Price at the End of Year 5
$1,300,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 9999 days
$100,899
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $666,000 |
| rent income | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $441,000 |
| mortgage principal reduction | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $156,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $125,000 | $106,000 | $111,000 | $117,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $1,287,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $160,000 |
| mortgage payment | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $505,000 |
| total expense investment | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $665,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $60,000 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $73,000 | $80,000 | $87,000 | $621,000 |
| cumulative roi | $338 | $292 | $286 | $291 | $299 | $311 | $325 | $342 | $360 | $381 | $3,000 |
NorthShore Condos
Address: Burlington, Ontario
Price Range: $593,000 - $1,009,000
Avail. suites: 15
1—3.5 bd
470—998 SqFt