Suite number:
C1
Project:
Address:
Burnaby, British Columbia
Developer:
Keltic Canada Development
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
807 sqft
Occupancy Date:
Mar 2026
$949,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.01%
Cumulative Return on Investment in Year 5
98.25%
Property Price at the End of Year 5
$1,224,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$47,495
5% on Occupancy
$47,495
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 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $627,000 |
rent income | - | $16,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $242,000 |
mortgage principal reduction | - | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $127,000 |
deposit interest | $4,000 | $1,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $53,000 | $82,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $1,006,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $95,000 | - | - | - | - | - | - | - | - | - | $95,000 |
remaining balance payment | - | $95,000 | - | - | - | - | - | - | - | - | $95,000 |
closing cost | - | $37,000 | - | - | - | - | - | - | - | - | $37,000 |
operating expense | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $104,000 |
mortgage payment | - | $31,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $400,000 |
total expense investment | $95,000 | $170,000 | $57,000 | $57,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $732,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$42,026 | -$87,755 | $34,000 | $39,000 | $43,000 | $47,000 | $52,000 | $57,000 | $63,000 | $68,000 | $274,000 |
cumulative roi | $56 | $49 | $68 | $84 | $98 | $111 | $124 | $135 | $147 | $158 | $1,000 |
O2 Metrotown
Address: Burnaby, British Columbia
Price Range: $569,000 - $1,248,000
Avail. suites: 12
0—3 bd
473—1977 SqFt