Suite number:
A1
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
735 sqft
Occupancy Date:
Jun 2025
Price, CAD
$759,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.52%
Cumulative Return on Investment in Year 5
102.51%
Property Price at the End of Year 5
$979,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$37,995
5% in 120 days
$37,995
5% on Occupancy
$37,995
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $501,000 |
| rent income | $13,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $295,000 |
| mortgage principal reduction | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $114,000 |
| deposit interest | $650 | - | - | - | - | - | - | - | - | - | $650 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $63,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $103,000 | $108,000 | $114,000 | $916,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $114,000 | - | - | - | - | - | - | - | - | - | $114,000 |
| remaining balance payment | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
| closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
| operating expense | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $96,000 |
| mortgage payment | $18,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $351,000 |
| total expense investment | $208,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $49,000 | $633,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$145,263 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $60,000 | $65,000 | $283,000 |
| cumulative roi | $26 | $48 | $67 | $85 | $103 | $119 | $135 | $152 | $168 | $185 | $1,000 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $985,000
Avail. suites: 7
1.5—2 bd
647—970 SqFt