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
Price, CAD
$723,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.78%
Cumulative Return on Investment in Year 5
94.79%
Property Price at the End of Year 5
$933,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$26,195
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 | $6,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $267,000 |
| mortgage principal reduction | $2,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $104,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $54,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $97,000 | $102,000 | $107,000 | $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 | $2,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $87,000 |
| mortgage payment | $8,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $286,000 |
| total expense investment | $259,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $622,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$205,673 | $34,000 | $38,000 | $41,000 | $45,000 | $48,000 | $52,000 | $56,000 | $61,000 | $65,000 | $235,000 |
| cumulative roi | $22 | $41 | $60 | $77 | $95 | $112 | $129 | $147 | $165 | $184 | $1,000 |
Luxury and tranquillity define this extraordinary collection of one to three-bedroom homes and extravagant hotel-inspired amenities. Icon's serene setting is truly exceptional, surrounded by exquisite parks and sparkling waterscapes while being conn...
Address: Burnaby, British Columbia
Price Range: $724,000 - $1,212,000
Avail. suites: 8
1—3.5 bd
687—1508 SqFt