Suite number:
D1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
673 sqft
Occupancy Date:
Mar 2028
Price, CAD
$700,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
27.85%
Cumulative Return on Investment in Year 5
123.73%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$35,000
5% in 120 days
$35,000
5% on Occupancy
$35,000
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
| rent income | - | - | - | $18,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $180,000 |
| mortgage principal reduction | - | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $67,000 |
| deposit interest | $4,000 | $5,000 | $5,000 | $1,000 | - | - | - | - | - | - | $16,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $40,000 | $44,000 | $46,000 | $72,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $729,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $105,000 | - | - | - | - | - | - | - | - | - | $105,000 |
| remaining balance payment | - | - | - | $35,000 | - | - | - | - | - | - | $35,000 |
| closing cost | - | - | - | $34,000 | - | - | - | - | - | - | $34,000 |
| operating expense | - | - | - | $7,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $68,000 |
| mortgage payment | - | - | - | $26,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $237,000 |
| total expense investment | $105,000 | - | - | $102,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $478,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$65,054 | $44,000 | $46,000 | -$29,362 | $33,000 | $37,000 | $41,000 | $44,000 | $49,000 | $53,000 | $252,000 |
| cumulative roi | $38 | $80 | $123 | $107 | $124 | $139 | $153 | $167 | $182 | $196 | $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