Suite number:
F
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
1323 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,211,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.84%
Cumulative Return on Investment in Year 5
98.89%
Property Price at the End of Year 5
$1,561,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$50,595
10% in 120 days
$121,190
15% on Occupancy
$181,785
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 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $99,000 | $800,000 |
| rent income | $12,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $60,000 | $63,000 | $66,000 | $514,000 |
| mortgage principal reduction | $4,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $172,000 |
| deposit interest | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $88,000 | $129,000 | $135,000 | $142,000 | $148,000 | $155,000 | $163,000 | $170,000 | $178,000 | $187,000 | $1,496,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $364,000 | - | - | - | - | - | - | - | - | - | $364,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
| operating expense | $4,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $161,000 |
| mortgage payment | $13,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $472,000 |
| total expense investment | $422,000 | $66,000 | $67,000 | $67,000 | $68,000 | $68,000 | $69,000 | $70,000 | $70,000 | $71,000 | $1,039,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$334,300 | $63,000 | $68,000 | $74,000 | $80,000 | $87,000 | $94,000 | $101,000 | $108,000 | $116,000 | $457,000 |
| cumulative roi | $21 | $41 | $61 | $80 | $99 | $118 | $138 | $159 | $181 | $204 | $1,000 |
Luxury and tranquillity define this extraordinary collection of one to three-bedroom homes and extravagant hotel-inspired amenities. Icon's serene setting is truly exceptional, surrounded by exquisite parks and sparkling waterscapes while being conn...
Address: Burnaby, British Columbia
Price Range: $724,000 - $1,212,000
Avail. suites: 8
1—3.5 bd
687—1508 SqFt