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:
Jun 2025
Price, CAD
$1,747,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.84%
Cumulative Return on Investment in Year 5
89.83%
Property Price at the End of Year 5
$2,252,000
Deposit Schedule
$10,000 at Signing
Total up to 10% in 7 days
$174,790
5% on Occupancy
$87,395
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 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $130,000 | $136,000 | $143,000 | $1,154,000 |
| rent income | $21,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $410,000 |
| mortgage principal reduction | $12,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $256,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $132,000 | $154,000 | $162,000 | $170,000 | $178,000 | $187,000 | $196,000 | $206,000 | $216,000 | $227,000 | $1,828,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $262,000 | - | - | - | - | - | - | - | - | - | $262,000 |
| remaining balance payment | $87,000 | - | - | - | - | - | - | - | - | - | $87,000 |
| closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | $8,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $152,000 |
| mortgage payment | $51,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $839,000 |
| total expense investment | $463,000 | $102,000 | $102,000 | $103,000 | $103,000 | $103,000 | $104,000 | $104,000 | $105,000 | $105,000 | $1,394,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$331,688 | $52,000 | $59,000 | $67,000 | $75,000 | $84,000 | $92,000 | $102,000 | $112,000 | $122,000 | $433,000 |
| cumulative roi | $26 | $46 | $62 | $77 | $90 | $102 | $113 | $124 | $135 | $145 | $919 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $1,748,000
Avail. suites: 9
1.5—3 bd
647—1048 SqFt