Suite number:
PH2
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1048 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,747,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.39%
Cumulative Return on Investment in Year 5
88.48%
Property Price at the End of Year 5
$2,253,000
Deposit Schedule
$10,000 at Signing
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 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $130,000 | $136,000 | $143,000 | $1,155,000 |
| rent income | $34,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $441,000 |
| mortgage principal reduction | $20,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $267,000 |
| deposit interest | $43 | - | - | - | - | - | - | - | - | - | $43 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $150,000 | $156,000 | $164,000 | $172,000 | $181,000 | $189,000 | $199,000 | $209,000 | $219,000 | $230,000 | $1,868,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | $340,000 | - | - | - | - | - | - | - | - | - | $340,000 |
| closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | $13,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $161,000 |
| mortgage payment | $80,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $868,000 |
| total expense investment | $498,000 | $102,000 | $103,000 | $103,000 | $103,000 | $104,000 | $104,000 | $105,000 | $105,000 | $105,000 | $1,433,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$347,616 | $54,000 | $61,000 | $69,000 | $77,000 | $86,000 | $95,000 | $104,000 | $114,000 | $124,000 | $435,000 |
| cumulative roi | $25 | $45 | $61 | $76 | $88 | $101 | $112 | $123 | $134 | $145 | $909 |
Riviera
Address: Burnaby, British Columbia
Price Range: $760,000 - $1,748,000
Avail. suites: 9
1.5—3 bd
647—1048 SqFt