Suite number:
B1
Project:
Address:
Burnaby, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
668 sqft
Occupancy Date:
Dec 2028
Price, CAD
$721,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.21%
Cumulative Return on Investment in Year 5
135.05%
Property Price at the End of Year 5
$930,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$36,095
5% in 120 days
$36,095
5% on Occupancy
$36,095
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 | $37,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $476,000 |
| rent income | - | - | - | - | $14,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $103,000 |
| mortgage principal reduction | - | - | - | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $62,000 |
| deposit interest | $3,000 | $7,000 | $6,000 | $6,000 | $123 | - | - | - | - | - | $21,000 |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $40,000 | $46,000 | $47,000 | $49,000 | $74,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $667,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $72,000 | $36,000 | - | - | - | - | - | - | - | - | $108,000 |
| remaining balance payment | - | - | - | - | $36,000 | - | - | - | - | - | $36,000 |
| closing cost | - | - | - | - | $32,000 | - | - | - | - | - | $32,000 |
| operating expense | - | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $55,000 |
| mortgage payment | - | - | - | - | $32,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $208,000 |
| total expense investment | $72,000 | $36,000 | - | - | $109,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $440,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$32,256 | $10,000 | $47,000 | $49,000 | -$34,711 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $227,000 |
| cumulative roi | $55 | $80 | $123 | $169 | $135 | $145 | $154 | $163 | $171 | $180 | $1,000 |
Reign
Address: Burnaby, British Columbia
Price Range: $566,000 - $1,111,000
Avail. suites: 10
0—3.5 bd
483—1556 SqFt