Suite number:
A
Project:
Address:
Burnaby, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
483 sqft
Occupancy Date:
Dec 2028
Price, CAD
$566,400
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.48%
Cumulative Return on Investment in Year 5
129.84%
Property Price at the End of Year 5
$730,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$28,320
5% in 120 days
$28,320
5% on Occupancy
$28,320
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 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $374,000 |
| rent income | - | - | - | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $56,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $48,000 |
| deposit interest | $2,000 | $5,000 | $4,000 | $4,000 | $97 | - | - | - | - | - | $16,000 |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $31,000 | $36,000 | $37,000 | $39,000 | $56,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $499,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $57,000 | $28,000 | - | - | - | - | - | - | - | - | $85,000 |
| remaining balance payment | - | - | - | - | $28,000 | - | - | - | - | - | $28,000 |
| closing cost | - | - | - | - | $29,000 | - | - | - | - | - | $29,000 |
| operating expense | - | - | - | - | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $39,000 |
| mortgage payment | - | - | - | - | $25,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $163,000 |
| total expense investment | $57,000 | $28,000 | - | - | $89,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $345,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$25,308 | $8,000 | $37,000 | $39,000 | -$32,901 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $155,000 |
| cumulative roi | $55 | $80 | $123 | $169 | $130 | $137 | $144 | $151 | $157 | $164 | $1,000 |
Reign
Address: Burnaby, British Columbia
Price Range: $566,000 - $1,111,000
Avail. suites: 10
0—3.5 bd
483—1556 SqFt