Suite number:
D1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
673 sqft
Occupancy Date:
Mar 2028
Price, CAD
$754,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
27.19%
Cumulative Return on Investment in Year 5
120.82%
Property Price at the End of Year 5
$973,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$37,745
5% in 120 days
$37,745
5% on Occupancy
$37,745
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 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $498,000 |
| rent income | - | - | - | $22,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $185,000 |
| mortgage principal reduction | - | - | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $74,000 |
| deposit interest | $4,000 | $6,000 | $6,000 | $274 | - | - | - | - | - | - | $16,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $43,000 | $47,000 | $49,000 | $81,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $104,000 | $778,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $113,000 | - | - | - | - | - | - | - | - | - | $113,000 |
| remaining balance payment | - | - | - | $38,000 | - | - | - | - | - | - | $38,000 |
| closing cost | - | - | - | $35,000 | - | - | - | - | - | - | $35,000 |
| operating expense | - | - | - | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $71,000 |
| mortgage payment | - | - | - | $35,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $261,000 |
| total expense investment | $113,000 | - | - | $116,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $518,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$70,180 | $47,000 | $49,000 | -$34,697 | $35,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $261,000 |
| cumulative roi | $38 | $80 | $123 | $105 | $121 | $135 | $149 | $162 | $175 | $188 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $605,000 - $1,476,000
Avail. suites: 8
1—3.5 bd
567—2331 SqFt