Suite number:
D
Project:
Address:
Burnaby, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
763 sqft
Occupancy Date:
Nov 2028
Price, CAD
$830,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
30.08%
Cumulative Return on Investment in Year 5
113.51%
Property Price at the End of Year 5
$1,069,000
Deposit Schedule
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 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $548,000 |
| rent income | - | - | - | - | $24,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $175,000 |
| mortgage principal reduction | - | - | - | - | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $68,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $43,000 | $45,000 | $48,000 | $50,000 | $92,000 | $94,000 | $99,000 | $103,000 | $108,000 | $114,000 | $796,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | $166,000 | - | - | - | - | - | $166,000 |
| closing cost | - | - | - | - | $36,000 | - | - | - | - | - | $36,000 |
| operating expense | - | - | - | - | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $67,000 |
| mortgage payment | - | - | - | - | $38,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $246,000 |
| total expense investment | - | - | - | - | $250,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $515,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $43,000 | $45,000 | $48,000 | $50,000 | -$158,386 | $41,000 | $46,000 | $50,000 | $55,000 | $60,000 | $281,000 |
| cumulative roi | - | - | - | - | $114 | $129 | $143 | $157 | $170 | $184 | $897 |
Bassano
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,580,000
Avail. suites: 9
1—3.5 bd
761—1378 SqFt