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:
Mar 2028
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
29.07%
Cumulative Return on Investment in Year 5
128.11%
Property Price at the End of Year 5
$1,804,000
Deposit Schedule
$20,000 at Signing
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 | - | - | - | $46,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $64,000 | $395,000 |
| mortgage principal reduction | - | - | - | $16,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $138,000 |
| deposit interest | $7,000 | $11,000 | $11,000 | $778 | - | - | - | - | - | - | $30,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $80,000 | $87,000 | $91,000 | $152,000 | $159,000 | $167,000 | $175,000 | $184,000 | $193,000 | $202,000 | $1,492,000 |
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 | - | - | - | $18,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $146,000 |
| mortgage payment | - | - | - | $64,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $485,000 |
| total expense investment | $210,000 | - | - | $200,000 | $90,000 | $91,000 | $91,000 | $92,000 | $92,000 | $93,000 | $959,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$130,152 | $87,000 | $91,000 | -$47,489 | $69,000 | $76,000 | $84,000 | $92,000 | $101,000 | $109,000 | $533,000 |
| cumulative roi | $38 | $80 | $123 | $110 | $128 | $144 | $160 | $175 | $191 | $207 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $605,000 - $1,476,000
Avail. suites: 8
1—3.5 bd
567—2331 SqFt