Suite number:
H
Project:
Address:
Burnaby, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1130 sqft
Occupancy Date:
Jan 2029
Price, CAD
$1,180,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
29.69%
Cumulative Return on Investment in Year 5
116.15%
Property Price at the End of Year 5
$1,520,000
Deposit Schedule
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 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $97,000 | $779,000 |
| rent income | - | - | - | - | $25,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $211,000 |
| mortgage principal reduction | - | - | - | - | $11,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $94,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $61,000 | $65,000 | $68,000 | $71,000 | $116,000 | $128,000 | $135,000 | $141,000 | $148,000 | $155,000 | $1,088,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | $236,000 | - | - | - | - | - | $236,000 |
| closing cost | - | - | - | - | $43,000 | - | - | - | - | - | $43,000 |
| operating expense | - | - | - | - | $11,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $92,000 |
| mortgage payment | - | - | - | - | $44,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $340,000 |
| total expense investment | - | - | - | - | $335,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $711,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $61,000 | $65,000 | $68,000 | $71,000 | -$218,977 | $54,000 | $60,000 | $66,000 | $73,000 | $79,000 | $378,000 |
| cumulative roi | - | - | - | - | $116 | $130 | $142 | $154 | $165 | $177 | $884 |
Bassano
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,580,000
Avail. suites: 9
1—3.5 bd
761—1378 SqFt