Suite number:
Plan C1
Project:
Address:
Burnaby, British Columbia
Developer:
Anthem
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
663 sqft
Occupancy Date:
Jan 2029
$819,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
34.01%
Cumulative Return on Investment in Year 5
137.54%
Property Price at the End of Year 5
$1,056,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$40,990
5% on Occupancy
$40,995
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 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $541,000 |
rent income | - | - | - | - | $16,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $146,000 |
mortgage principal reduction | - | - | - | - | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $72,000 |
deposit interest | $2,000 | $6,000 | $4,000 | $4,000 | $1,000 | - | - | - | - | - | $18,000 |
gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
total income return | $45,000 | $51,000 | $51,000 | $54,000 | $82,000 | $91,000 | $95,000 | $100,000 | $104,000 | $110,000 | $782,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $41,000 | $41,000 | - | - | - | - | - | - | - | - | $82,000 |
remaining balance payment | - | - | - | - | $82,000 | - | - | - | - | - | $82,000 |
closing cost | - | - | - | - | $34,000 | - | - | - | - | - | $34,000 |
operating expense | - | - | - | - | $7,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $62,000 |
mortgage payment | - | - | - | - | $25,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $213,000 |
total expense investment | $41,000 | $41,000 | - | - | $148,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $473,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | $10,000 | $51,000 | $54,000 | -$66,555 | $43,000 | $47,000 | $51,000 | $56,000 | $60,000 | $309,000 |
cumulative roi | $109 | $117 | $180 | $245 | $138 | $153 | $167 | $181 | $194 | $207 | $2,000 |
At an impressive 66 storeys, Citizen will stand proud as one of Metrotown’s tallest towers, offering a mix of residential, rental, office and retail uses. The tower is comprised of 372 market condos and townhomes, 200 market rental and 73 affordable ...
Address: Burnaby, British Columbia
Price Range: $599,000 - $820,000
Avail. suites: 11
1—1.5 bd
459—667 SqFt