Suite number:
A1
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
687 sqft
Occupancy Date:
Jun 2025
$723,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.91%
Cumulative Return on Investment in Year 5
90.90%
Property Price at the End of Year 5
$933,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$36,195
10% in 120 days
$72,390
15% on Occupancy
$108,585
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $478,000 |
rent income | $10,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $273,000 |
mortgage principal reduction | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $100,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $58,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $106,000 | $857,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $217,000 | - | - | - | - | - | - | - | - | - | $217,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
operating expense | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $89,000 |
mortgage payment | $14,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $309,000 |
total expense investment | $267,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $44,000 | $647,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$208,999 | $32,000 | $35,000 | $39,000 | $42,000 | $46,000 | $50,000 | $54,000 | $58,000 | $63,000 | $210,000 |
cumulative roi | $22 | $40 | $58 | $75 | $91 | $107 | $123 | $139 | $155 | $173 | $982 |
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Address: Burnaby, British Columbia
Price Range: $724,000 - $1,212,000
Avail. suites: 8
1—3.5 bd
687—1508 SqFt