Suite number:
C1
Project:
Address:
Burnaby, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
724 sqft
Occupancy Date:
Dec 2028
Price, CAD
$767,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.85%
Cumulative Return on Investment in Year 5
138.14%
Property Price at the End of Year 5
$989,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$38,395
5% in 120 days
$38,395
5% on Occupancy
$38,395
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 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $507,000 |
| rent income | - | - | - | - | $19,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $139,000 |
| mortgage principal reduction | - | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $66,000 |
| deposit interest | $3,000 | $7,000 | $6,000 | $6,000 | $131 | - | - | - | - | - | $22,000 |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $42,000 | $49,000 | $50,000 | $52,000 | $83,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $739,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $77,000 | $38,000 | - | - | - | - | - | - | - | - | $115,000 |
| remaining balance payment | - | - | - | - | $38,000 | - | - | - | - | - | $38,000 |
| closing cost | - | - | - | - | $33,000 | - | - | - | - | - | $33,000 |
| operating expense | - | - | - | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $62,000 |
| mortgage payment | - | - | - | - | $34,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $221,000 |
| total expense investment | $77,000 | $38,000 | - | - | $115,000 | $47,000 | $48,000 | $48,000 | $48,000 | $49,000 | $470,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$34,312 | $11,000 | $50,000 | $52,000 | -$32,402 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $269,000 |
| cumulative roi | $55 | $80 | $123 | $169 | $138 | $151 | $162 | $174 | $185 | $196 | $1,000 |
Reign
Address: Burnaby, British Columbia
Price Range: $566,000 - $1,111,000
Avail. suites: 10
0—3.5 bd
483—1556 SqFt