Suite number:
A
Project:
Address:
Burnaby, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
777 sqft
Occupancy Date:
Jan 2029
Price, CAD
$800,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
29.21%
Cumulative Return on Investment in Year 5
112.13%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | - | - | - | - | $14,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $116,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $64,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $41,000 | $44,000 | $46,000 | $48,000 | $77,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $713,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | $160,000 | - | - | - | - | - | $160,000 |
| closing cost | - | - | - | - | $36,000 | - | - | - | - | - | $36,000 |
| operating expense | - | - | - | - | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $60,000 |
| mortgage payment | - | - | - | - | $30,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $230,000 |
| total expense investment | - | - | - | - | $233,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $486,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $41,000 | $44,000 | $46,000 | $48,000 | -$156,068 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $226,000 |
| cumulative roi | - | - | - | - | $112 | $124 | $134 | $144 | $153 | $162 | $829 |
Bassano
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,580,000
Avail. suites: 9
1—3.5 bd
761—1378 SqFt