Suite number:
D1
Project:
Address:
Burnaby, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
1556 sqft
Occupancy Date:
Dec 2028
Price, CAD
$1,111,400
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
36.09%
Cumulative Return on Investment in Year 5
150.10%
Property Price at the End of Year 5
$1,432,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$55,570
5% in 120 days
$55,570
5% on Occupancy
$55,570
Net Gain (Loss)
Get Expert Advice
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 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $733,000 |
| rent income | - | - | - | - | $50,000 | $57,000 | $59,000 | $62,000 | $64,000 | $67,000 | $359,000 |
| mortgage principal reduction | - | - | - | - | $13,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $95,000 |
| deposit interest | $4,000 | $11,000 | $9,000 | $9,000 | $190 | - | - | - | - | - | $32,000 |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $61,000 | $71,000 | $73,000 | $76,000 | $139,000 | $146,000 | $153,000 | $161,000 | $168,000 | $176,000 | $1,225,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $111,000 | $56,000 | - | - | - | - | - | - | - | - | $167,000 |
| remaining balance payment | - | - | - | - | $56,000 | - | - | - | - | - | $56,000 |
| closing cost | - | - | - | - | $40,000 | - | - | - | - | - | $40,000 |
| operating expense | - | - | - | - | $18,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $129,000 |
| mortgage payment | - | - | - | - | $50,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $320,000 |
| total expense investment | $111,000 | $56,000 | - | - | $164,000 | $75,000 | $75,000 | $76,000 | $77,000 | $78,000 | $711,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$49,660 | $16,000 | $73,000 | $76,000 | -$24,662 | $71,000 | $78,000 | $84,000 | $91,000 | $99,000 | $513,000 |
| cumulative roi | $55 | $80 | $123 | $169 | $150 | $174 | $197 | $221 | $246 | $272 | $2,000 |
Reign
Address: Burnaby, British Columbia
Price Range: $566,000 - $1,111,000
Avail. suites: 10
0—3.5 bd
483—1556 SqFt