Suite number:
B3 - NORTH
Project:
Address:
Burnaby, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
646 sqft
Occupancy Date:
Dec 2028
Price, CAD
$759,400
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
27.19%
Cumulative Return on Investment in Year 5
120.20%
Property Price at the End of Year 5
$978,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$37,970
5% in 180 days
$37,970
5% on Occupancy
$37,970
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $501,000 |
| rent income | - | - | - | $19,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $175,000 |
| mortgage principal reduction | - | - | - | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $74,000 |
| deposit interest | $2,000 | $7,000 | $6,000 | $623 | - | - | - | - | - | - | $15,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $41,000 | $48,000 | $50,000 | $78,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $770,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $76,000 | $38,000 | - | - | - | - | - | - | - | - | $114,000 |
| remaining balance payment | - | - | - | $38,000 | - | - | - | - | - | - | $38,000 |
| closing cost | - | - | - | $35,000 | - | - | - | - | - | - | $35,000 |
| operating expense | - | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $68,000 |
| mortgage payment | - | - | - | $32,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $260,000 |
| total expense investment | $76,000 | $38,000 | - | $112,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $514,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$34,573 | $10,000 | $50,000 | -$33,890 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $256,000 |
| cumulative roi | $54 | $79 | $122 | $105 | $120 | $134 | $147 | $160 | $172 | $185 | $1,000 |
Reign
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,111,000
Avail. suites: 29
0—3.5 bd
397—1556 SqFt