Suite number:
E1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
594 sqft
Occupancy Date:
Mar 2028
Price, CAD
$500,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.71%
Cumulative Return on Investment in Year 5
115.16%
Property Price at the End of Year 5
$644,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$25,000
5% in 120 days
$25,000
5% on Occupancy
$25,000
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
| rent income | - | - | - | $10,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $106,000 |
| mortgage principal reduction | - | - | - | $5,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $48,000 |
| deposit interest | $3,000 | $4,000 | $4,000 | $725 | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $29,000 | $31,000 | $33,000 | $51,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $500,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
| remaining balance payment | - | - | - | $25,000 | - | - | - | - | - | - | $25,000 |
| closing cost | - | - | - | $30,000 | - | - | - | - | - | - | $30,000 |
| operating expense | - | - | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $52,000 |
| mortgage payment | - | - | - | $19,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $169,000 |
| total expense investment | $75,000 | - | - | $79,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $351,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$46,467 | $31,000 | $33,000 | -$27,717 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $149,000 |
| cumulative roi | $38 | $80 | $123 | $102 | $115 | $127 | $138 | $149 | $159 | $170 | $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