Suite number:
2A
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
850 sqft
Occupancy Date:
Dec 2025
Price, CAD
$930,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.36%
Cumulative Return on Investment in Year 5
92.47%
Property Price at the End of Year 5
$1,198,000
Deposit Schedule
Total up to 2.5% in 7 days
$23,250
2.5% on Occupancy
$23,250
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 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $614,000 |
rent income | $12,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $285,000 |
mortgage principal reduction | $6,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $135,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $72,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $1,039,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
remaining balance payment | $140,000 | - | - | - | - | - | - | - | - | - | $140,000 |
closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
operating expense | $5,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $108,000 |
mortgage payment | $23,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $442,000 |
total expense investment | $253,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $775,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$180,085 | $31,000 | $35,000 | $39,000 | $44,000 | $49,000 | $54,000 | $59,000 | $64,000 | $70,000 | $264,000 |
cumulative roi | $25 | $46 | $63 | $78 | $92 | $106 | $118 | $131 | $143 | $155 | $958 |
Artesia
Address: Burnaby, British Columbia
Price Range: $580,000 - $1,281,000
Avail. suites: 13
1—3.5 bd
497—1218 SqFt