Suite number:
B2
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1281 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,090,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
28.14%
Cumulative Return on Investment in Year 5
124.29%
Property Price at the End of Year 5
$1,405,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$54,545
5% in 120 days
$54,545
5% on Occupancy
$54,545
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 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $720,000 |
| rent income | - | - | - | $34,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $295,000 |
| mortgage principal reduction | - | - | - | $12,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $108,000 |
| deposit interest | $6,000 | $9,000 | $9,000 | $396 | - | - | - | - | - | - | $23,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $62,000 | $68,000 | $71,000 | $118,000 | $122,000 | $128,000 | $135,000 | $141,000 | $148,000 | $155,000 | $1,150,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $164,000 | - | - | - | - | - | - | - | - | - | $164,000 |
| remaining balance payment | - | - | - | $55,000 | - | - | - | - | - | - | $55,000 |
| closing cost | - | - | - | $41,000 | - | - | - | - | - | - | $41,000 |
| operating expense | - | - | - | $15,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $122,000 |
| mortgage payment | - | - | - | $50,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $378,000 |
| total expense investment | $164,000 | - | - | $161,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $73,000 | $759,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$101,417 | $68,000 | $71,000 | -$42,890 | $51,000 | $57,000 | $63,000 | $69,000 | $75,000 | $82,000 | $391,000 |
| cumulative roi | $38 | $80 | $123 | $108 | $124 | $139 | $153 | $167 | $181 | $195 | $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