Suite number:
E2
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
567 sqft
Occupancy Date:
Jun 2027
Price, CAD
$633,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.75%
Cumulative Return on Investment in Year 5
97.88%
Property Price at the End of Year 5
$817,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$31,695
5% in 120 days
$31,695
5% on Occupancy
$31,695
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 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $418,000 |
| rent income | - | - | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $124,000 |
| mortgage principal reduction | - | - | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $74,000 |
| deposit interest | $3,000 | $5,000 | - | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $36,000 | $39,000 | $63,000 | $60,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $629,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $95,000 | - | - | - | - | - | - | - | - | - | $95,000 |
| remaining balance payment | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
| closing cost | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
| operating expense | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $64,000 |
| mortgage payment | - | - | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $254,000 |
| total expense investment | $95,000 | $64,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $477,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$58,911 | -$24,465 | $23,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $152,000 |
| cumulative roi | $38 | $50 | $72 | $86 | $98 | $109 | $119 | $129 | $138 | $147 | $985 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $605,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt