Suite number:
A
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
647 sqft
Occupancy Date:
Jun 2025
$759,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.62%
Cumulative Return on Investment in Year 5
98.41%
Property Price at the End of Year 5
$979,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$37,995
5% in 120 days
$37,995
5% on Occupancy
$37,995
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $501,000 |
rent income | $11,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $260,000 |
mortgage principal reduction | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $114,000 |
deposit interest | $650 | - | - | - | - | - | - | - | - | - | $650 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $61,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $881,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $114,000 | - | - | - | - | - | - | - | - | - | $114,000 |
remaining balance payment | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
operating expense | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $88,000 |
mortgage payment | $18,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $351,000 |
total expense investment | $208,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $624,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$146,416 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $53,000 | $57,000 | $62,000 | $257,000 |
cumulative roi | $26 | $47 | $66 | $83 | $98 | $113 | $128 | $142 | $157 | $172 | $1,000 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $985,000
Avail. suites: 7
1.5—2 bd
647—970 SqFt