Suite number:
A - NORTH
Project:
Address:
Burnaby, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
483 sqft
Occupancy Date:
Dec 2028
Price, CAD
$566,400
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.76%
Cumulative Return on Investment in Year 5
114.37%
Property Price at the End of Year 5
$730,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$28,320
5% in 180 days
$28,320
5% on Occupancy
$28,320
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 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $374,000 |
| rent income | - | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $62,000 |
| mortgage principal reduction | - | - | - | $3,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $52,000 |
| deposit interest | $1,000 | $5,000 | $4,000 | $2,000 | - | - | - | - | - | - | $13,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $31,000 | $36,000 | $37,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $506,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $57,000 | $28,000 | - | - | - | - | - | - | - | - | $85,000 |
| remaining balance payment | - | - | - | $28,000 | - | - | - | - | - | - | $28,000 |
| closing cost | - | - | - | $31,000 | - | - | - | - | - | - | $31,000 |
| operating expense | - | - | - | $3,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $42,000 |
| mortgage payment | - | - | - | $14,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $184,000 |
| total expense investment | $57,000 | $28,000 | - | $76,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $371,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$25,786 | $8,000 | $37,000 | -$27,444 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $135,000 |
| cumulative roi | $54 | $79 | $122 | $105 | $114 | $123 | $130 | $137 | $144 | $151 | $1,000 |
Reign
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,111,000
Avail. suites: 29
0—3.5 bd
397—1556 SqFt