Suite number:
A2
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1438 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,400,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.14%
Cumulative Return on Investment in Year 5
112.12%
Property Price at the End of Year 5
$1,804,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$70,000
5% in 120 days
$70,000
5% on Occupancy
$70,000
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 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $924,000 |
| rent income | - | $13,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $485,000 |
| mortgage principal reduction | - | $4,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $170,000 |
| deposit interest | $7,000 | $8,000 | - | - | - | - | - | - | - | - | $15,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $80,000 | $106,000 | $149,000 | $156,000 | $164,000 | $172,000 | $180,000 | $189,000 | $198,000 | $207,000 | $1,600,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $210,000 | - | - | - | - | - | - | - | - | - | $210,000 |
| remaining balance payment | - | $70,000 | - | - | - | - | - | - | - | - | $70,000 |
| closing cost | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | $5,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $178,000 |
| mortgage payment | - | $18,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $578,000 |
| total expense investment | $210,000 | $140,000 | $90,000 | $90,000 | $91,000 | $91,000 | $92,000 | $92,000 | $93,000 | $94,000 | $1,083,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$130,108 | -$33,470 | $59,000 | $66,000 | $73,000 | $80,000 | $88,000 | $96,000 | $105,000 | $114,000 | $517,000 |
| cumulative roi | $38 | $55 | $76 | $95 | $112 | $128 | $144 | $160 | $176 | $192 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt