Suite number:
C10
Project:
Address:
Burnaby, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1298 sqft
Occupancy Date:
Dec 2028
Price, CAD
$996,400
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
34.82%
Cumulative Return on Investment in Year 5
144.10%
Property Price at the End of Year 5
$1,284,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$49,820
5% in 120 days
$49,820
5% on Occupancy
$49,820
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 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $658,000 |
| rent income | - | - | - | - | $35,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $250,000 |
| mortgage principal reduction | - | - | - | - | $12,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $85,000 |
| deposit interest | $3,000 | $10,000 | $8,000 | $8,000 | $170 | - | - | - | - | - | $29,000 |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $55,000 | $64,000 | $65,000 | $68,000 | $115,000 | $120,000 | $125,000 | $131,000 | $138,000 | $144,000 | $1,026,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $100,000 | $50,000 | - | - | - | - | - | - | - | - | $149,000 |
| remaining balance payment | - | - | - | - | $50,000 | - | - | - | - | - | $50,000 |
| closing cost | - | - | - | - | $38,000 | - | - | - | - | - | $38,000 |
| operating expense | - | - | - | - | $15,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $104,000 |
| mortgage payment | - | - | - | - | $44,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $287,000 |
| total expense investment | $100,000 | $50,000 | - | - | $147,000 | $65,000 | $66,000 | $66,000 | $67,000 | $67,000 | $628,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$44,522 | $14,000 | $65,000 | $68,000 | -$31,934 | $54,000 | $60,000 | $65,000 | $71,000 | $77,000 | $398,000 |
| cumulative roi | $55 | $80 | $123 | $169 | $144 | $161 | $177 | $192 | $208 | $223 | $2,000 |
Reign
Address: Burnaby, British Columbia
Price Range: $566,000 - $1,111,000
Avail. suites: 10
0—3.5 bd
483—1556 SqFt