Suite number:
PH1
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1016 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,747,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.50%
Cumulative Return on Investment in Year 5
144.64%
Property Price at the End of Year 5
$2,253,000
Deposit Schedule
$10,000 at Signing
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 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $130,000 | $136,000 | $143,000 | $1,155,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $29,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $281,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $121,000 | $119,000 | $125,000 | $131,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $177,000 | $1,436,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $875,000 |
| total expense investment | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $875,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $33,000 | $31,000 | $37,000 | $44,000 | $50,000 | $57,000 | $65,000 | $73,000 | $81,000 | $90,000 | $561,000 |
| cumulative roi | $138 | $137 | $139 | $141 | $145 | $148 | $152 | $156 | $160 | $164 | $1,000 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $1,748,000
Avail. suites: 9
1.5—3 bd
647—1048 SqFt