Suite number:
B3
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1289 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,000,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.63%
Cumulative Return on Investment in Year 5
110.30%
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 | - | $9,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $364,000 |
| mortgage principal reduction | - | $3,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $122,000 |
| deposit interest | $5,000 | $6,000 | - | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $57,000 | $78,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $1,162,000 |
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 | - | $4,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $146,000 |
| mortgage payment | - | $13,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $413,000 |
| total expense investment | $150,000 | $106,000 | $66,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $798,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$92,934 | -$28,124 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $69,000 | $75,000 | $81,000 | $364,000 |
| cumulative roi | $38 | $54 | $75 | $93 | $110 | $126 | $142 | $158 | $173 | $190 | $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