Suite number:
C2
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
740 sqft
Occupancy Date:
Mar 2028
Price, CAD
$826,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.60%
Cumulative Return on Investment in Year 5
118.02%
Property Price at the End of Year 5
$1,065,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$41,345
5% in 120 days
$41,345
5% on Occupancy
$41,345
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 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $546,000 |
| rent income | - | - | - | $20,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $170,000 |
| mortgage principal reduction | - | - | - | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $82,000 |
| deposit interest | $4,000 | $6,000 | $6,000 | $300 | - | - | - | - | - | - | $17,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $47,000 | $52,000 | $54,000 | $85,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $820,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $124,000 | - | - | - | - | - | - | - | - | - | $124,000 |
| remaining balance payment | - | - | - | $41,000 | - | - | - | - | - | - | $41,000 |
| closing cost | - | - | - | $36,000 | - | - | - | - | - | - | $36,000 |
| operating expense | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $75,000 |
| mortgage payment | - | - | - | $38,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $286,000 |
| total expense investment | $124,000 | - | - | $125,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $562,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$76,874 | $52,000 | $54,000 | -$40,041 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $258,000 |
| cumulative roi | $38 | $80 | $123 | $104 | $118 | $130 | $142 | $153 | $164 | $175 | $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