Suite number:
B3
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1289 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,000,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.52%
Cumulative Return on Investment in Year 5
136.91%
Property Price at the End of Year 5
$1,288,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$30,000
5% in 120 days
$50,000
5% on Occupancy
$50,000
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $660,000 |
| rent income | - | - | - | $19,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $276,000 |
| mortgage principal reduction | - | - | - | $7,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $102,000 |
| deposit interest | $5,000 | $8,000 | $8,000 | $4,000 | - | - | - | - | - | - | $24,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $57,000 | $62,000 | $65,000 | $95,000 | $117,000 | $122,000 | $128,000 | $134,000 | $140,000 | $147,000 | $1,068,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $150,000 | - | - | - | - | - | - | - | - | - | $150,000 |
| remaining balance payment | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| closing cost | - | - | - | $38,000 | - | - | - | - | - | - | $38,000 |
| operating expense | - | - | - | $8,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $115,000 |
| mortgage payment | - | - | - | $23,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $298,000 |
| total expense investment | $150,000 | - | - | $119,000 | $62,000 | $63,000 | $63,000 | $64,000 | $65,000 | $65,000 | $651,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$92,934 | $62,000 | $65,000 | -$24,143 | $54,000 | $59,000 | $65,000 | $70,000 | $76,000 | $82,000 | $417,000 |
| cumulative roi | $38 | $80 | $123 | $117 | $137 | $156 | $174 | $191 | $209 | $227 | $1,000 |
An arched filigree lattice anchors the tower, framing the grand entry. Expansive private outdoor sanctuaries follow the curvature of the tower’s silhouette. The gentility in design culminates in understated classic luxury. Étoile Gold’s upscale resi...
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt