Suite number:
2F-VISTA
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
993 sqft
Occupancy Date:
Dec 2025
Price, CAD
$1,300,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.51%
Cumulative Return on Investment in Year 5
96.65%
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 | $6,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $380,000 |
mortgage principal reduction | $3,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $23,000 | $24,000 | $180,000 |
deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $85,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $163,000 | $171,000 | $179,000 | $1,427,000 |
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 | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
operating expense | $2,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $133,000 |
mortgage payment | $11,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $597,000 |
total expense investment | $319,000 | $78,000 | $79,000 | $79,000 | $79,000 | $80,000 | $80,000 | $80,000 | $81,000 | $81,000 | $1,036,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$233,892 | $44,000 | $50,000 | $55,000 | $62,000 | $68,000 | $75,000 | $82,000 | $90,000 | $98,000 | $391,000 |
cumulative roi | $26 | $48 | $66 | $82 | $97 | $110 | $123 | $136 | $149 | $161 | $998 |
Artesia
Address: Burnaby, British Columbia
Price Range: $600,000 - $1,600,000
Avail. suites: 15
1—3.5 bd
557—1429 SqFt