Suite number:
1C
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
619 sqft
Occupancy Date:
Dec 2025
$700,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.70%
Cumulative Return on Investment in Year 5
106.87%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 60 days
$35,000
5% on Occupancy
$35,000
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
rent income | - | $20,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $230,000 |
mortgage principal reduction | - | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $14,000 | $104,000 |
deposit interest | $3,000 | $229 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $39,000 | $72,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $804,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
remaining balance payment | - | $70,000 | - | - | - | - | - | - | - | - | $70,000 |
closing cost | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
operating expense | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $80,000 |
mortgage payment | - | $29,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $286,000 |
total expense investment | $70,000 | $139,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $538,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,806 | -$66,187 | $33,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $55,000 | $59,000 | $266,000 |
cumulative roi | $56 | $50 | $71 | $89 | $107 | $124 | $140 | $156 | $173 | $189 | $1,000 |
Artesia
Address: Burnaby, British Columbia
Price Range: $600,000 - $1,600,000
Avail. suites: 15
1—3.5 bd
557—1429 SqFt