Suite number:
D1
Project:
Address:
Burnaby, British Columbia
Developer:
Keltic Canada Development
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1143 sqft
Occupancy Date:
Mar 2026
$1,247,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.90%
Cumulative Return on Investment in Year 5
106.27%
Property Price at the End of Year 5
$1,608,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$62,395
5% on Occupancy
$62,395
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 | $65,000 | $68,000 | $72,000 | $76,000 | $79,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $824,000 |
rent income | - | $27,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $411,000 |
mortgage principal reduction | - | $11,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $167,000 |
deposit interest | $5,000 | $2,000 | - | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $70,000 | $112,000 | $130,000 | $136,000 | $143,000 | $149,000 | $157,000 | $164,000 | $172,000 | $181,000 | $1,413,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $125,000 | - | - | - | - | - | - | - | - | - | $125,000 |
remaining balance payment | - | $125,000 | - | - | - | - | - | - | - | - | $125,000 |
closing cost | - | $43,000 | - | - | - | - | - | - | - | - | $43,000 |
operating expense | - | $10,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $151,000 |
mortgage payment | - | $40,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $526,000 |
total expense investment | $125,000 | $218,000 | $76,000 | $77,000 | $77,000 | $78,000 | $79,000 | $79,000 | $80,000 | $80,000 | $970,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$55,210 | -$106,078 | $53,000 | $59,000 | $65,000 | $71,000 | $78,000 | $85,000 | $92,000 | $100,000 | $443,000 |
cumulative roi | $56 | $51 | $71 | $90 | $106 | $122 | $137 | $152 | $167 | $182 | $1,000 |
O2 Metrotown
Address: Burnaby, British Columbia
Price Range: $569,000 - $1,248,000
Avail. suites: 12
0—3 bd
473—1977 SqFt