Suite number:
2G-VISTA
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
915 sqft
Occupancy Date:
Dec 2025
Price, CAD
$1,170,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.54%
Cumulative Return on Investment in Year 5
93.61%
Property Price at the End of Year 5
$1,507,000
Deposit Schedule
Total up to 2.5% in 7 days
$29,250
2.5% on Occupancy
$29,250
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 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $772,000 |
rent income | $24,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $377,000 |
mortgage principal reduction | $11,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $175,000 |
deposit interest | $681 | - | - | - | - | - | - | - | - | - | $681 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $101,000 | $112,000 | $117,000 | $123,000 | $129,000 | $136,000 | $142,000 | $149,000 | $156,000 | $164,000 | $1,330,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
remaining balance payment | $176,000 | - | - | - | - | - | - | - | - | - | $176,000 |
closing cost | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
operating expense | $9,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $131,000 |
mortgage payment | $44,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $571,000 |
total expense investment | $330,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $73,000 | $73,000 | $73,000 | $979,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$228,820 | $41,000 | $46,000 | $52,000 | $57,000 | $63,000 | $70,000 | $76,000 | $83,000 | $91,000 | $351,000 |
cumulative roi | $26 | $46 | $63 | $79 | $94 | $107 | $120 | $133 | $146 | $159 | $974 |
Artesia
Address: Burnaby, British Columbia
Price Range: $590,000 - $1,170,000
Avail. suites: 11
1—3.5 bd
497—1218 SqFt