Suite number:
2C
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1012 sqft
Occupancy Date:
Dec 2025
$1,100,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.66%
Cumulative Return on Investment in Year 5
110.36%
Property Price at the End of Year 5
$1,417,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 60 days
$55,000
5% on Occupancy
$55,000
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 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $726,000 |
rent income | - | $33,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $376,000 |
mortgage principal reduction | - | $14,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $163,000 |
deposit interest | $4,000 | $360 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $61,000 | $112,000 | $116,000 | $122,000 | $128,000 | $134,000 | $140,000 | $147,000 | $154,000 | $161,000 | $1,275,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $110,000 | - | - | - | - | - | - | - | - | - | $110,000 |
remaining balance payment | - | $110,000 | - | - | - | - | - | - | - | - | $110,000 |
closing cost | - | $40,000 | - | - | - | - | - | - | - | - | $40,000 |
operating expense | - | $12,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $130,000 |
mortgage payment | - | $46,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $450,000 |
total expense investment | $110,000 | $208,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $839,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$48,507 | -$95,652 | $53,000 | $58,000 | $63,000 | $69,000 | $75,000 | $81,000 | $87,000 | $94,000 | $436,000 |
cumulative roi | $56 | $51 | $72 | $92 | $110 | $128 | $145 | $162 | $180 | $197 | $1,000 |
Artesia
Address: Burnaby, British Columbia
Price Range: $600,000 - $1,600,000
Avail. suites: 15
1—3.5 bd
557—1429 SqFt