Suite number:
C2
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
740 sqft
Occupancy Date:
Mar 2028
Price, CAD
$800,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
27.25%
Cumulative Return on Investment in Year 5
120.73%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$40,000
5% in 120 days
$40,000
5% on Occupancy
$40,000
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | - | - | - | $16,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $166,000 |
| mortgage principal reduction | - | - | - | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $77,000 |
| deposit interest | $4,000 | $6,000 | $6,000 | $1,000 | - | - | - | - | - | - | $18,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $46,000 | $50,000 | $52,000 | $78,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $793,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $120,000 | - | - | - | - | - | - | - | - | - | $120,000 |
| remaining balance payment | - | - | - | $40,000 | - | - | - | - | - | - | $40,000 |
| closing cost | - | - | - | $36,000 | - | - | - | - | - | - | $36,000 |
| operating expense | - | - | - | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $72,000 |
| mortgage payment | - | - | - | $30,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $270,000 |
| total expense investment | $120,000 | - | - | $113,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $538,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$74,348 | $50,000 | $52,000 | -$34,859 | $33,000 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $255,000 |
| cumulative roi | $38 | $80 | $123 | $107 | $121 | $133 | $145 | $156 | $167 | $178 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt