Suite number:
B1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1410 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,131,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
29.80%
Cumulative Return on Investment in Year 5
131.56%
Property Price at the End of Year 5
$1,458,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$56,595
5% in 120 days
$56,595
5% on Occupancy
$56,595
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 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $747,000 |
| rent income | - | - | - | $45,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $63,000 | $387,000 |
| mortgage principal reduction | - | - | - | $13,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $112,000 |
| deposit interest | $6,000 | $9,000 | $9,000 | $411 | - | - | - | - | - | - | $24,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $65,000 | $71,000 | $74,000 | $132,000 | $138,000 | $145,000 | $151,000 | $159,000 | $166,000 | $175,000 | $1,275,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $170,000 | - | - | - | - | - | - | - | - | - | $170,000 |
| remaining balance payment | - | - | - | $57,000 | - | - | - | - | - | - | $57,000 |
| closing cost | - | - | - | $42,000 | - | - | - | - | - | - | $42,000 |
| operating expense | - | - | - | $17,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $138,000 |
| mortgage payment | - | - | - | $52,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $392,000 |
| total expense investment | $170,000 | - | - | $168,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $78,000 | $799,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$105,228 | $71,000 | $74,000 | -$35,919 | $62,000 | $68,000 | $75,000 | $82,000 | $89,000 | $96,000 | $476,000 |
| cumulative roi | $38 | $80 | $123 | $111 | $132 | $151 | $170 | $190 | $209 | $230 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $605,000 - $1,476,000
Avail. suites: 8
1—3.5 bd
567—2331 SqFt