Suite number:
1B
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
586 sqft
Occupancy Date:
Dec 2025
Price, CAD
$700,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.24%
Cumulative Return on Investment in Year 5
87.30%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 60 days
$35,000
5% on Occupancy
$35,000
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
rent income | $2,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $150,000 |
mortgage principal reduction | $1,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $97,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $47,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $90,000 | $716,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
remaining balance payment | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
closing cost | $34,000 | - | - | - | - | - | - | - | - | - | $34,000 |
operating expense | $1,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $70,000 |
mortgage payment | $6,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $321,000 |
total expense investment | $181,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $565,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$133,357 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $151,000 |
cumulative roi | $26 | $45 | $61 | $75 | $87 | $98 | $109 | $119 | $128 | $138 | $888 |
Artesia
Address: Burnaby, British Columbia
Price Range: $600,000 - $1,600,000
Avail. suites: 15
1—3.5 bd
557—1429 SqFt