Suite number:
E2
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
567 sqft
Occupancy Date:
Jun 2027
Price, CAD
$500,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.28%
Cumulative Return on Investment in Year 5
96.67%
Property Price at the End of Year 5
$644,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$25,000
5% in 120 days
$25,000
5% on Occupancy
$25,000
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
| rent income | - | $3,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $128,000 |
| mortgage principal reduction | - | $2,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $61,000 |
| deposit interest | $3,000 | $3,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $29,000 | $40,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $530,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
| remaining balance payment | - | $25,000 | - | - | - | - | - | - | - | - | $25,000 |
| closing cost | - | $30,000 | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | - | $2,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $63,000 |
| mortgage payment | - | $6,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $207,000 |
| total expense investment | $75,000 | $63,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $399,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$46,467 | -$22,433 | $16,000 | $19,000 | $21,000 | $23,000 | $26,000 | $29,000 | $31,000 | $34,000 | $131,000 |
| cumulative roi | $38 | $51 | $69 | $84 | $97 | $109 | $120 | $131 | $142 | $152 | $992 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt