Suite number:
C8
Project:
Address:
Burnaby, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
933 sqft
Occupancy Date:
Dec 2028
Price, CAD
$991,400
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
34.58%
Cumulative Return on Investment in Year 5
143.09%
Property Price at the End of Year 5
$1,277,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$49,570
5% in 120 days
$49,570
5% on Occupancy
$49,570
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $74,000 | $77,000 | $81,000 | $654,000 |
| rent income | - | - | - | - | $30,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $215,000 |
| mortgage principal reduction | - | - | - | - | $12,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $85,000 |
| deposit interest | $3,000 | $9,000 | $8,000 | $8,000 | $169 | - | - | - | - | - | $29,000 |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $55,000 | $64,000 | $65,000 | $68,000 | $110,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $988,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $99,000 | $50,000 | - | - | - | - | - | - | - | - | $149,000 |
| remaining balance payment | - | - | - | - | $50,000 | - | - | - | - | - | $50,000 |
| closing cost | - | - | - | - | $38,000 | - | - | - | - | - | $38,000 |
| operating expense | - | - | - | - | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $84,000 |
| mortgage payment | - | - | - | - | $44,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $285,000 |
| total expense investment | $99,000 | $50,000 | - | - | $144,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $605,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$44,298 | $14,000 | $65,000 | $68,000 | -$33,538 | $52,000 | $57,000 | $63,000 | $68,000 | $74,000 | $383,000 |
| cumulative roi | $55 | $80 | $123 | $169 | $143 | $159 | $173 | $187 | $201 | $215 | $2,000 |
Reign
Address: Burnaby, British Columbia
Price Range: $566,000 - $1,111,000
Avail. suites: 10
0—3.5 bd
483—1556 SqFt