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
28.97%
Cumulative Return on Investment in Year 5
127.88%
Property Price at the End of Year 5
$1,288,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$50,000
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 | - | - | - | $28,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $288,000 |
| mortgage principal reduction | - | - | - | $9,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $96,000 |
| deposit interest | $5,000 | $8,000 | $8,000 | $1,000 | - | - | - | - | - | - | $22,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $57,000 | $62,000 | $65,000 | $104,000 | $115,000 | $121,000 | $127,000 | $133,000 | $140,000 | $146,000 | $1,071,000 |
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 | - | - | - | $40,000 | - | - | - | - | - | - | $40,000 |
| operating expense | - | - | - | $12,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $117,000 |
| mortgage payment | - | - | - | $38,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $338,000 |
| total expense investment | $150,000 | - | - | $139,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $69,000 | $695,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$92,934 | $62,000 | $65,000 | -$34,764 | $49,000 | $54,000 | $60,000 | $65,000 | $71,000 | $78,000 | $377,000 |
| cumulative roi | $38 | $80 | $123 | $110 | $128 | $144 | $159 | $174 | $190 | $205 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt