Suite number:
A
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
691 sqft
Occupancy Date:
Jun 2025
Price, CAD
$723,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.00%
Cumulative Return on Investment in Year 5
77.88%
Property Price at the End of Year 5
$933,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$36,195
10% in 120 days
$72,390
15% on Occupancy
$108,585
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 | $11,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $189,000 |
mortgage principal reduction | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $100,000 |
deposit interest | $458 | - | - | - | - | - | - | - | - | - | $458 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $59,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $82,000 | $87,000 | $91,000 | $95,000 | $772,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $217,000 | - | - | - | - | - | - | - | - | - | $217,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $34,000 | - | - | - | - | - | - | - | - | - | $34,000 |
operating expense | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $85,000 |
mortgage payment | $23,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $327,000 |
total expense investment | $279,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $664,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$219,739 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $40,000 | $43,000 | $47,000 | $52,000 | $108,000 |
cumulative roi | $21 | $38 | $52 | $66 | $78 | $89 | $101 | $112 | $122 | $133 | $812 |
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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