Suite number:
A1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1703 sqft
Occupancy Date:
Mar 2028
Price, CAD
$1,400,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
30.33%
Cumulative Return on Investment in Year 5
133.55%
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 | - | - | - | $50,000 | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $461,000 |
| mortgage principal reduction | - | - | - | $14,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $136,000 |
| deposit interest | $7,000 | $11,000 | $11,000 | $2,000 | - | - | - | - | - | - | $31,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $80,000 | $87,000 | $91,000 | $155,000 | $169,000 | $177,000 | $185,000 | $194,000 | $204,000 | $214,000 | $1,557,000 |
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 | - | - | - | $19,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $166,000 |
| mortgage payment | - | - | - | $58,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $479,000 |
| total expense investment | $210,000 | - | - | $195,000 | $93,000 | $94,000 | $94,000 | $95,000 | $95,000 | $96,000 | $972,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$130,112 | $87,000 | $91,000 | -$39,476 | $76,000 | $83,000 | $91,000 | $100,000 | $108,000 | $118,000 | $585,000 |
| cumulative roi | $38 | $80 | $123 | $113 | $134 | $153 | $171 | $190 | $209 | $230 | $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