Suite number:
F
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1323 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,342,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.38%
Cumulative Return on Investment in Year 5
88.00%
Property Price at the End of Year 5
$1,730,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$67,145
10% in 120 days
$134,290
15% on Occupancy
$201,435
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 | $70,000 | $73,000 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $886,000 |
rent income | $31,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $540,000 |
mortgage principal reduction | $10,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $182,000 |
deposit interest | $850 | - | - | - | - | - | - | - | - | - | $850 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $116,000 | $137,000 | $143,000 | $150,000 | $158,000 | $165,000 | $173,000 | $182,000 | $190,000 | $200,000 | $1,614,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $403,000 | - | - | - | - | - | - | - | - | - | $403,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
operating expense | $11,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $19,000 | $20,000 | $20,000 | $178,000 |
mortgage payment | $41,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $597,000 |
total expense investment | $501,000 | $79,000 | $79,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $82,000 | $1,224,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$385,091 | $58,000 | $64,000 | $71,000 | $78,000 | $85,000 | $92,000 | $100,000 | $109,000 | $118,000 | $390,000 |
cumulative roi | $20 | $39 | $56 | $72 | $88 | $104 | $119 | $136 | $152 | $169 | $955 |
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Address: Burnaby, British Columbia
Price Range: $724,000 - $1,818,000
Avail. suites: 9
1—3.5 bd
687—1508 SqFt