Suite number:
C1
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
942 sqft
Occupancy Date:
Jun 2025
Price, CAD
$984,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.29%
Cumulative Return on Investment in Year 5
96.51%
Property Price at the End of Year 5
$1,269,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$49,245
5% in 120 days
$49,245
5% on Occupancy
$49,245
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $650,000 |
| rent income | $14,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $315,000 |
| mortgage principal reduction | $6,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $147,000 |
| deposit interest | $842 | - | - | - | - | - | - | - | - | - | $842 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $77,000 | $95,000 | $100,000 | $104,000 | $110,000 | $115,000 | $120,000 | $126,000 | $132,000 | $139,000 | $1,118,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $148,000 | - | - | - | - | - | - | - | - | - | $148,000 |
| remaining balance payment | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
| operating expense | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $118,000 |
| mortgage payment | $24,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $455,000 |
| total expense investment | $264,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $62,000 | $808,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$187,065 | $36,000 | $40,000 | $45,000 | $50,000 | $54,000 | $60,000 | $65,000 | $71,000 | $77,000 | $311,000 |
| cumulative roi | $26 | $47 | $65 | $81 | $97 | $111 | $124 | $138 | $151 | $164 | $1,000 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $985,000
Avail. suites: 7
1.5—2 bd
647—970 SqFt