Suite number:
D2
Project:
Address:
Burnaby, British Columbia
Developer:
Onni Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1165 sqft
Occupancy Date:
Jan 2024
Price, CAD
$1,049,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.25%
Cumulative Return on Investment in Year 5
165.39%
Property Price at the End of Year 5
$1,353,000
Deposit Schedule
$5 at Signing
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 | $54,000 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $693,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $28,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $197,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $82,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $889,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $481,000 |
| total expense investment | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $481,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $34,000 | $25,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $408,000 |
| cumulative roi | $170 | $161 | $161 | $163 | $165 | $169 | $172 | $176 | $180 | $185 | $2,000 |
Gilmore Place
Address: Burnaby, British Columbia
Price Range: $706,000 - $1,167,000
Avail. suites: 49
1—3.5 bd
560—6060 SqFt