Suite number:
B1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1410 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,100,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
30.44%
Cumulative Return on Investment in Year 5
134.17%
Property Price at the End of Year 5
$1,417,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$55,000
5% in 120 days
$55,000
5% on Occupancy
$55,000
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 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $726,000 |
| rent income | - | - | - | $37,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $377,000 |
| mortgage principal reduction | - | - | - | $10,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $105,000 |
| deposit interest | $6,000 | $9,000 | $9,000 | $2,000 | - | - | - | - | - | - | $24,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $63,000 | $69,000 | $72,000 | $120,000 | $135,000 | $141,000 | $148,000 | $155,000 | $163,000 | $171,000 | $1,238,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $165,000 | - | - | - | - | - | - | - | - | - | $165,000 |
| remaining balance payment | - | - | - | $55,000 | - | - | - | - | - | - | $55,000 |
| closing cost | - | - | - | $42,000 | - | - | - | - | - | - | $42,000 |
| operating expense | - | - | - | $14,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $134,000 |
| mortgage payment | - | - | - | $41,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $372,000 |
| total expense investment | $165,000 | - | - | $152,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $767,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$102,228 | $69,000 | $72,000 | -$31,478 | $61,000 | $67,000 | $73,000 | $80,000 | $87,000 | $95,000 | $470,000 |
| cumulative roi | $38 | $80 | $123 | $113 | $134 | $154 | $174 | $194 | $215 | $236 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt