Suite number:
Plan B
Project:
Address:
Burnaby, British Columbia
Developer:
Anthem
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
573 sqft
Occupancy Date:
Jan 2029
Price, CAD
$769,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.21%
Cumulative Return on Investment in Year 5
133.80%
Property Price at the End of Year 5
$992,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$38,490
5% on Occupancy
$38,495
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $508,000 |
| rent income | - | - | - | - | $9,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $84,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $68,000 |
| deposit interest | $2,000 | $6,000 | $4,000 | $4,000 | $1,000 | - | - | - | - | - | $17,000 |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $42,000 | $48,000 | $48,000 | $51,000 | $71,000 | $77,000 | $80,000 | $84,000 | $88,000 | $93,000 | $682,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $38,000 | $38,000 | - | - | - | - | - | - | - | - | $77,000 |
| remaining balance payment | - | - | - | - | $77,000 | - | - | - | - | - | $77,000 |
| closing cost | - | - | - | - | $33,000 | - | - | - | - | - | $33,000 |
| operating expense | - | - | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $51,000 |
| mortgage payment | - | - | - | - | $24,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $200,000 |
| total expense investment | $38,000 | $38,000 | - | - | $139,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $438,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $10,000 | $48,000 | $51,000 | -$68,125 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $244,000 |
| cumulative roi | $109 | $117 | $180 | $245 | $134 | $144 | $154 | $162 | $171 | $179 | $2,000 |
At an impressive 66 storeys, Citizen will stand proud as one of Metrotown’s tallest towers, offering a mix of residential, rental, office and retail uses. The tower is comprised of 372 market condos and townhomes, 200 market rental and 73 affordable ...
Address: Burnaby, British Columbia
Price Range: $599,000 - $820,000
Avail. suites: 11
1—1.5 bd
459—667 SqFt