Suite number:
B
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
935 sqft
Occupancy Date:
Jun 2025
Price, CAD
$883,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.76%
Cumulative Return on Investment in Year 5
98.83%
Property Price at the End of Year 5
$1,139,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$44,195
5% in 120 days
$44,195
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 | $583,000 |
| rent income | $14,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $313,000 |
| mortgage principal reduction | $6,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $132,000 |
| deposit interest | $756 | - | - | - | - | - | - | - | - | - | $756 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $71,000 | $88,000 | $92,000 | $97,000 | $101,000 | $106,000 | $111,000 | $117,000 | $122,000 | $128,000 | $1,034,000 |
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 | $36,000 | - | - | - | - | - | - | - | - | - | $36,000 |
| operating expense | $5,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $114,000 |
| mortgage payment | $21,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $408,000 |
| total expense investment | $239,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $57,000 | $735,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$168,278 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $61,000 | $66,000 | $72,000 | $299,000 |
| cumulative roi | $26 | $47 | $66 | $83 | $99 | $114 | $128 | $143 | $157 | $172 | $1,000 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $985,000
Avail. suites: 7
1.5—2 bd
647—970 SqFt