Suite number:
A
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
691 sqft
Occupancy Date:
Jun 2025
$723,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.78%
Cumulative Return on Investment in Year 5
81.18%
Property Price at the End of Year 5
$933,000
Deposit Schedule
$10,000 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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $478,000 |
rent income | $7,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $183,000 |
mortgage principal reduction | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $100,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $54,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $82,000 | $86,000 | $91,000 | $95,000 | $767,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $217,000 | - | - | - | - | - | - | - | - | - | $217,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
operating expense | $3,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $81,000 |
mortgage payment | $14,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $309,000 |
total expense investment | $266,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $639,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$212,013 | $25,000 | $27,000 | $31,000 | $34,000 | $37,000 | $41,000 | $45,000 | $48,000 | $53,000 | $128,000 |
cumulative roi | $21 | $39 | $54 | $68 | $81 | $93 | $105 | $117 | $128 | $139 | $846 |
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Address: Burnaby, British Columbia
Price Range: $724,000 - $1,212,000
Avail. suites: 8
1—3.5 bd
687—1508 SqFt