Suite number:
2B
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1013 sqft
Occupancy Date:
Dec 2025
Price, CAD
$1,100,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.44%
Cumulative Return on Investment in Year 5
101.04%
Property Price at the End of Year 5
$1,417,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 60 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 | $6,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $388,000 |
mortgage principal reduction | $2,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $152,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $73,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $139,000 | $146,000 | $153,000 | $160,000 | $1,274,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $110,000 | - | - | - | - | - | - | - | - | - | $110,000 |
remaining balance payment | $110,000 | - | - | - | - | - | - | - | - | - | $110,000 |
closing cost | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
operating expense | $2,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $129,000 |
mortgage payment | $9,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $505,000 |
total expense investment | $273,000 | $68,000 | $68,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $70,000 | $71,000 | $896,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$199,377 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $69,000 | $76,000 | $82,000 | $90,000 | $378,000 |
cumulative roi | $26 | $48 | $68 | $85 | $101 | $116 | $131 | $146 | $161 | $176 | $1,000 |
Artesia
Address: Burnaby, British Columbia
Price Range: $600,000 - $1,600,000
Avail. suites: 15
1—3.5 bd
557—1429 SqFt