Suite number:
E
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1508 sqft
Occupancy Date:
Jun 2025
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.37%
Cumulative Return on Investment in Year 5
96.88%
Property Price at the End of Year 5
$1,561,000
Deposit Schedule
$10,000 at Signing
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 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $99,000 | $800,000 |
| rent income | $26,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $66,000 | $69,000 | $72,000 | $75,000 | $603,000 |
| mortgage principal reduction | $7,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $161,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $103,000 | $134,000 | $141,000 | $147,000 | $154,000 | $162,000 | $170,000 | $178,000 | $186,000 | $195,000 | $1,571,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $364,000 | - | - | - | - | - | - | - | - | - | $364,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $44,000 | - | - | - | - | - | - | - | - | - | $44,000 |
| operating expense | $9,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $184,000 |
| mortgage payment | $28,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $530,000 |
| total expense investment | $444,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $1,121,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$341,144 | $61,000 | $67,000 | $73,000 | $80,000 | $87,000 | $94,000 | $102,000 | $110,000 | $118,000 | $449,000 |
| cumulative roi | $21 | $40 | $59 | $78 | $97 | $116 | $136 | $158 | $181 | $205 | $1,000 |
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Address: Burnaby, British Columbia
Price Range: $724,000 - $1,818,000
Avail. suites: 9
1—3.5 bd
687—1508 SqFt