Suite number:
A612 - BURNET
Project:
Address:
Richmond Hill, Ontario
Developer:
Greenpark Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
612 sqft
Occupancy Date:
Sep 2027
Price, CAD
$669,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.82%
Cumulative Return on Investment in Year 5
94.79%
Property Price at the End of Year 5
$863,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$33,495
2.5% in 180 days
$16,748
2.5% in 365 days
$16,748
2.5% in 545 days
$16,748
2.5% in 725 days
$16,748
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $442,000 |
| rent income | - | $1,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $135,000 |
| mortgage principal reduction | - | $674 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $80,000 |
| deposit interest | -$1,129 | $5,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $43,000 | $85,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $684,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $50,000 | $84,000 | - | - | - | - | - | - | - | - | $134,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | $675 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $71,000 |
| mortgage payment | - | $3,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $271,000 |
| total expense investment | $50,000 | $138,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $527,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$16,636 | -$94,268 | $44,000 | $22,000 | $25,000 | $29,000 | $32,000 | $35,000 | $39,000 | $43,000 | $158,000 |
| cumulative roi | $69 | $41 | $70 | $83 | $95 | $105 | $115 | $124 | $133 | $142 | $980 |
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