Suite number:
A - SOUTH
Project:
Address:
Burnaby, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
397 sqft
Occupancy Date:
Dec 2028
Price, CAD
$500,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.94%
Cumulative Return on Investment in Year 5
106.93%
Property Price at the End of Year 5
$644,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$25,000
5% in 180 days
$25,000
5% on Occupancy
$25,000
Net Gain (Loss)
Get Expert Advice
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
| rent income | - | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $54,000 |
| mortgage principal reduction | - | - | - | $5,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $49,000 |
| deposit interest | $1,000 | $5,000 | $4,000 | $410 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $27,000 | $32,000 | $33,000 | $47,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $448,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $50,000 | $25,000 | - | - | - | - | - | - | - | - | $75,000 |
| remaining balance payment | - | - | - | $25,000 | - | - | - | - | - | - | $25,000 |
| closing cost | - | - | - | $30,000 | - | - | - | - | - | - | $30,000 |
| operating expense | - | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $37,000 |
| mortgage payment | - | - | - | $21,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $171,000 |
| total expense investment | $50,000 | $25,000 | - | $80,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $31,000 | $338,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$22,763 | $7,000 | $33,000 | -$33,047 | $15,000 | $17,000 | $20,000 | $22,000 | $25,000 | $27,000 | $110,000 |
| cumulative roi | $54 | $79 | $122 | $97 | $107 | $116 | $123 | $131 | $138 | $145 | $1,000 |
Reign
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,111,000
Avail. suites: 29
0—3.5 bd
397—1556 SqFt