Suite number:
E
Project:
Address:
Burnaby, British Columbia
Developer:
Anthem
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
781 sqft
Occupancy Date:
Dec 2027
Price, CAD
$900,000
Available
ROI
16,95%
Monthly Expenses
- condo fees— $508
- property taxes— $225
- property management— $141
- repairs and maintenance— $70
Total: $944
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.66%
Cumulative Return on Investment in Year 5
116.36%
Property Price at the End of Year 5
$1,159,000
Deposit Schedule
$5 at Signing
Total up to 5% in 150 days
$45,000
5% on Occupancy
$45,000
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $594,000 |
rent income | - | - | - | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $217,000 |
mortgage principal reduction | - | - | - | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $90,000 |
deposit interest | $2,000 | $7,000 | $4,000 | - | - | - | - | - | - | - | $14,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $49,000 | $56,000 | $56,000 | $98,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $920,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $45,000 | $45,000 | - | - | - | - | - | - | - | - | $90,000 |
remaining balance payment | - | - | $90,000 | - | - | - | - | - | - | - | $90,000 |
closing cost | - | - | $38,000 | - | - | - | - | - | - | - | $38,000 |
operating expense | - | - | - | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $85,000 |
mortgage payment | - | - | - | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $315,000 |
total expense investment | $45,000 | $45,000 | $128,000 | $56,000 | $57,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $618,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | $11,000 | -$71,321 | $41,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $302,000 |
cumulative roi | $109 | $117 | $79 | $101 | $116 | $131 | $144 | $157 | $170 | $183 | $1,000 |
Ethos
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,100,000
Avail. suites: 4
1—3.5 bd
412—1034 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.