Suite number:
A
Project:
Address:
Burnaby, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
777 sqft
Occupancy Date:
Nov 2028
Price, CAD
$800,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
30.44%
Cumulative Return on Investment in Year 5
112.98%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | - | - | - | - | $17,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $120,000 |
| mortgage principal reduction | - | - | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $74,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $41,000 | $44,000 | $46,000 | $48,000 | $83,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $726,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | $160,000 | - | - | - | - | - | $160,000 |
| closing cost | - | - | - | - | $34,000 | - | - | - | - | - | $34,000 |
| operating expense | - | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $64,000 |
| mortgage payment | - | - | - | - | $34,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $217,000 |
| total expense investment | - | - | - | - | $237,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $475,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $41,000 | $44,000 | $46,000 | $48,000 | -$153,808 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $252,000 |
| cumulative roi | - | - | - | - | $113 | $127 | $139 | $150 | $161 | $172 | $863 |
Bassano
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,580,000
Avail. suites: 9
1—3.5 bd
761—1378 SqFt