Suite number:
PH 2
Project:
Address:
Burnaby, British Columbia
Developer:
IMANI Development
Property type:
condo
Bathrooms:
3.5
Bedrooms:
3
Size:
1835 sqft
Occupancy Date:
Oct 2023
Price, CAD
$2,949,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
35.32%
Cumulative Return on Investment in Year 5
167.30%
Property Price at the End of Year 5
$3,800,000
Deposit Schedule
Total up to 10% in 7 days
$294,990
Net Gain (Loss)
Get Expert Advice
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 | $153,000 | $161,000 | $170,000 | $179,000 | $188,000 | $198,000 | $208,000 | $219,000 | $230,000 | $242,000 | $1,947,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $88,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $57,000 | $60,000 | $62,000 | $568,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $241,000 | $207,000 | $217,000 | $227,000 | $239,000 | $251,000 | $263,000 | $276,000 | $290,000 | $304,000 | $2,515,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $1,352,000 |
| total expense investment | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 | $1,352,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $106,000 | $71,000 | $82,000 | $92,000 | $104,000 | $115,000 | $128,000 | $141,000 | $155,000 | $169,000 | $1,163,000 |
| cumulative roi | $179 | $166 | $164 | $165 | $167 | $170 | $174 | $178 | $182 | $186 | $2,000 |
Akimbo
Address: Burnaby, British Columbia
Price Range: $690,000 - $3,200,000
Avail. suites: 9
1—3.5 bd
535—2050 SqFt