Suite number:
Plan A1b
Project:
Address:
Burnaby, British Columbia
Developer:
Anthem
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
459 sqft
Occupancy Date:
Jan 2029
Price, CAD
$598,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.18%
Cumulative Return on Investment in Year 5
122.89%
Property Price at the End of Year 5
$772,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$29,945
5% on Occupancy
$29,945
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 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $395,000 |
rent income | - | - | - | - | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $71,000 |
mortgage principal reduction | - | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $49,000 |
deposit interest | $2,000 | $5,000 | $3,000 | $3,000 | $77 | - | - | - | - | - | $13,000 |
gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
total income return | $33,000 | $37,000 | $38,000 | $39,000 | $60,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $533,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $30,000 | $30,000 | - | - | - | - | - | - | - | - | $60,000 |
remaining balance payment | - | - | - | - | $60,000 | - | - | - | - | - | $60,000 |
closing cost | - | - | - | - | $31,000 | - | - | - | - | - | $31,000 |
operating expense | - | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $41,000 |
mortgage payment | - | - | - | - | $27,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $177,000 |
total expense investment | $30,000 | $30,000 | - | - | $125,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $370,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | $7,000 | $38,000 | $39,000 | -$65,076 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $163,000 |
cumulative roi | $109 | $117 | $180 | $245 | $123 | $132 | $140 | $148 | $155 | $162 | $2,000 |
Citizen
Address: Burnaby, British Columbia
Price Range: $599,000 - $820,000
Avail. suites: 11
1—1.5 bd
459—667 SqFt