Suite number:
PH2
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1048 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
19.96%
Cumulative Return on Investment in Year 5
90.38%
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)
Get Expert Advice
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 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $423,000 |
| 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 | $155,000 | $163,000 | $171,000 | $179,000 | $188,000 | $198,000 | $207,000 | $218,000 | $228,000 | $1,840,000 |
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 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $155,000 |
| 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 | $464,000 | $102,000 | $103,000 | $103,000 | $103,000 | $104,000 | $104,000 | $105,000 | $105,000 | $105,000 | $1,397,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$331,202 | $53,000 | $60,000 | $68,000 | $76,000 | $85,000 | $94,000 | $103,000 | $113,000 | $123,000 | $443,000 |
| cumulative roi | $26 | $46 | $63 | $77 | $90 | $102 | $114 | $125 | $136 | $147 | $926 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $1,748,000
Avail. suites: 9
1.5—3 bd
647—1048 SqFt