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:
Mar 2028
Price, CAD
$1,042,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
28.28%
Cumulative Return on Investment in Year 5
125.00%
Property Price at the End of Year 5
$1,344,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$52,145
5% in 120 days
$52,145
5% on Occupancy
$52,145
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 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $86,000 | $688,000 |
| rent income | - | - | - | $35,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $296,000 |
| mortgage principal reduction | - | - | - | $12,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $103,000 |
| deposit interest | $5,000 | $8,000 | $8,000 | $379 | - | - | - | - | - | - | $22,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $59,000 | $65,000 | $68,000 | $115,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $1,115,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $156,000 | - | - | - | - | - | - | - | - | - | $156,000 |
| remaining balance payment | - | - | - | $52,000 | - | - | - | - | - | - | $52,000 |
| closing cost | - | - | - | $40,000 | - | - | - | - | - | - | $40,000 |
| operating expense | - | - | - | $15,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $121,000 |
| mortgage payment | - | - | - | $48,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $361,000 |
| total expense investment | $156,000 | - | - | $155,000 | $69,000 | $69,000 | $70,000 | $70,000 | $71,000 | $71,000 | $731,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$96,954 | $65,000 | $68,000 | -$40,521 | $50,000 | $56,000 | $61,000 | $67,000 | $73,000 | $80,000 | $383,000 |
| cumulative roi | $38 | $80 | $123 | $108 | $125 | $141 | $155 | $170 | $185 | $199 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $605,000 - $1,476,000
Avail. suites: 8
1—3.5 bd
567—2331 SqFt