Suite number:
2G-VISTA
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1013 sqft
Occupancy Date:
Dec 2025
$1,300,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.67%
Cumulative Return on Investment in Year 5
101.33%
Property Price at the End of Year 5
$1,675,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 60 days
$65,000
5% on Occupancy
$65,000
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 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $107,000 | $858,000 |
rent income | - | $33,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $377,000 |
mortgage principal reduction | - | $15,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $180,000 |
deposit interest | $5,000 | $167 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $73,000 | $124,000 | $129,000 | $136,000 | $142,000 | $149,000 | $156,000 | $164,000 | $172,000 | $180,000 | $1,425,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $130,000 | - | - | - | - | - | - | - | - | - | $130,000 |
remaining balance payment | - | $130,000 | - | - | - | - | - | - | - | - | $130,000 |
closing cost | - | $44,000 | - | - | - | - | - | - | - | - | $44,000 |
operating expense | - | $12,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $136,000 |
mortgage payment | - | $58,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $564,000 |
total expense investment | $130,000 | $244,000 | $77,000 | $77,000 | $78,000 | $78,000 | $79,000 | $79,000 | $80,000 | $80,000 | $1,004,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$57,357 | -$120,016 | $52,000 | $58,000 | $64,000 | $71,000 | $77,000 | $85,000 | $92,000 | $100,000 | $421,000 |
cumulative roi | $56 | $49 | $69 | $86 | $101 | $116 | $130 | $143 | $156 | $170 | $1,000 |
Artesia
Address: Burnaby, British Columbia
Price Range: $600,000 - $1,600,000
Avail. suites: 15
1—3.5 bd
557—1429 SqFt