Suite number:
2F-VISTA
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
993 sqft
Occupancy Date:
Dec 2025
$1,300,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.63%
Cumulative Return on Investment in Year 5
105.54%
Property Price at the End of Year 5
$1,675,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 60 days
$65,000
5% on Occupancy
$65,000
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 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $107,000 | $858,000 |
rent income | - | $32,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $369,000 |
mortgage principal reduction | - | $17,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $192,000 |
deposit interest | $5,000 | $426 | - | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $73,000 | $125,000 | $130,000 | $136,000 | $143,000 | $150,000 | $157,000 | $164,000 | $172,000 | $180,000 | $1,430,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $130,000 | - | - | - | - | - | - | - | - | - | $130,000 |
remaining balance payment | - | $130,000 | - | - | - | - | - | - | - | - | $130,000 |
closing cost | - | $44,000 | - | - | - | - | - | - | - | - | $44,000 |
operating expense | - | $12,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $134,000 |
mortgage payment | - | $55,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $531,000 |
total expense investment | $130,000 | $241,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $75,000 | $76,000 | $77,000 | $969,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$57,357 | -$115,470 | $57,000 | $63,000 | $69,000 | $75,000 | $82,000 | $89,000 | $96,000 | $104,000 | $461,000 |
cumulative roi | $56 | $50 | $71 | $89 | $106 | $121 | $136 | $151 | $165 | $180 | $1,000 |
Artesia
Address: Burnaby, British Columbia
Price Range: $600,000 - $1,600,000
Avail. suites: 15
1—3.5 bd
557—1429 SqFt