Suite number:
B
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
935 sqft
Occupancy Date:
Jun 2025
Price, CAD
$883,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.13%
Cumulative Return on Investment in Year 5
96.41%
Property Price at the End of Year 5
$1,139,000
Deposit Schedule
$10,000 at Signing
Total up to 10% in 7 days
$88,390
5% on Occupancy
$44,195
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 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $584,000 |
| rent income | $16,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $316,000 |
| mortgage principal reduction | $6,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $129,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $75,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $122,000 | $128,000 | $1,035,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $133,000 | - | - | - | - | - | - | - | - | - | $133,000 |
| remaining balance payment | $44,000 | - | - | - | - | - | - | - | - | - | $44,000 |
| closing cost | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
| operating expense | $6,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $111,000 |
| mortgage payment | $26,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $424,000 |
| total expense investment | $246,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $749,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$171,299 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $71,000 | $286,000 |
| cumulative roi | $26 | $47 | $65 | $81 | $96 | $111 | $125 | $139 | $153 | $168 | $1,000 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $1,748,000
Avail. suites: 9
1.5—3 bd
647—1048 SqFt