Suite number:
B
Project:
Address:
Burnaby, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1109 sqft
Occupancy Date:
Nov 2028
Price, CAD
$1,130,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
30.86%
Cumulative Return on Investment in Year 5
117.73%
Property Price at the End of Year 5
$1,456,000
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 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $746,000 |
| rent income | - | - | - | - | $27,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $210,000 |
| mortgage principal reduction | - | - | - | - | $13,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $102,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $59,000 | $62,000 | $65,000 | $68,000 | $117,000 | $126,000 | $132,000 | $138,000 | $145,000 | $152,000 | $1,063,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | $226,000 | - | - | - | - | - | $226,000 |
| closing cost | - | - | - | - | $41,000 | - | - | - | - | - | $41,000 |
| operating expense | - | - | - | - | $12,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $93,000 |
| mortgage payment | - | - | - | - | $43,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $302,000 |
| total expense investment | - | - | - | - | $322,000 | $67,000 | $67,000 | $68,000 | $68,000 | $69,000 | $662,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $59,000 | $62,000 | $65,000 | $68,000 | -$204,853 | $59,000 | $64,000 | $70,000 | $76,000 | $83,000 | $402,000 |
| cumulative roi | - | - | - | - | $118 | $134 | $149 | $163 | $177 | $190 | $930 |
Bassano rises from a pocket of Burnaby that is closely connected to the energy and amenities of a growing city - while maintaining a sense of tranquility within. This walkable neighbourhood on the cusp of Brentwood is a desirable urban environment fo...
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,580,000
Avail. suites: 9
1—3.5 bd
761—1378 SqFt