Suite number:
B1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1410 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,131,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.90%
Cumulative Return on Investment in Year 5
119.86%
Property Price at the End of Year 5
$1,458,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$56,595
5% in 120 days
$56,595
5% on Occupancy
$56,595
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 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $747,000 |
| rent income | - | - | $49,000 | $51,000 | $54,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $459,000 |
| mortgage principal reduction | - | - | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $133,000 |
| deposit interest | $6,000 | $8,000 | - | - | - | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $65,000 | $70,000 | $133,000 | $135,000 | $141,000 | $148,000 | $155,000 | $162,000 | $170,000 | $178,000 | $1,358,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $170,000 | - | - | - | - | - | - | - | - | - | $170,000 |
| remaining balance payment | - | $57,000 | - | - | - | - | - | - | - | - | $57,000 |
| closing cost | - | $42,000 | - | - | - | - | - | - | - | - | $42,000 |
| operating expense | - | - | $19,000 | $19,000 | $20,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $162,000 |
| mortgage payment | - | - | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $453,000 |
| total expense investment | $170,000 | $99,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $78,000 | $79,000 | $884,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$105,193 | -$28,366 | $58,000 | $59,000 | $65,000 | $71,000 | $78,000 | $85,000 | $92,000 | $100,000 | $474,000 |
| cumulative roi | $38 | $53 | $79 | $100 | $120 | $139 | $159 | $178 | $198 | $220 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $605,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt