Suite number:
E1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
594 sqft
Occupancy Date:
Mar 2028
Price, CAD
$604,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.26%
Cumulative Return on Investment in Year 5
112.79%
Property Price at the End of Year 5
$779,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$30,245
5% in 120 days
$30,245
5% on Occupancy
$30,245
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 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $399,000 |
| rent income | - | - | - | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $109,000 |
| mortgage principal reduction | - | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $60,000 |
| deposit interest | $3,000 | $5,000 | $5,000 | $220 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $34,000 | $38,000 | $40,000 | $61,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $586,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
| remaining balance payment | - | - | - | $30,000 | - | - | - | - | - | - | $30,000 |
| closing cost | - | - | - | $32,000 | - | - | - | - | - | - | $32,000 |
| operating expense | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $56,000 |
| mortgage payment | - | - | - | $28,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $210,000 |
| total expense investment | $91,000 | - | - | $97,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $418,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$56,235 | $38,000 | $40,000 | -$35,158 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $168,000 |
| cumulative roi | $38 | $80 | $123 | $100 | $113 | $124 | $134 | $143 | $153 | $162 | $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