Suite number:
C1
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
942 sqft
Occupancy Date:
Jun 2025
Price, CAD
$984,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.67%
Cumulative Return on Investment in Year 5
94.17%
Property Price at the End of Year 5
$1,269,000
Deposit Schedule
$10,000 at Signing
Total up to 10% in 7 days
$98,490
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 | $16,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $319,000 |
| mortgage principal reduction | $7,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $144,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $81,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $139,000 | $1,119,000 |
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 | $39,000 | - | - | - | - | - | - | - | - | - | $39,000 |
| operating expense | $6,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $115,000 |
| mortgage payment | $29,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $473,000 |
| total expense investment | $271,000 | $60,000 | $61,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $824,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$190,434 | $34,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $70,000 | $76,000 | $296,000 |
| cumulative roi | $26 | $46 | $64 | $80 | $94 | $108 | $121 | $134 | $147 | $160 | $979 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $1,748,000
Avail. suites: 9
1.5—3 bd
647—1048 SqFt