Suite number:
C4
Project:
Address:
Burnaby, British Columbia
Developer:
Keltic Canada Development
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
964 sqft
Occupancy Date:
Mar 2026
Price, CAD
$1,105,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.60%
Cumulative Return on Investment in Year 5
92.87%
Property Price at the End of Year 5
$1,425,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$55,295
5% on Occupancy
$55,295
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 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $730,000 |
rent income | $7,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $312,000 |
mortgage principal reduction | $3,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $155,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $76,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $1,205,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
remaining balance payment | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
closing cost | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
operating expense | $3,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $129,000 |
mortgage payment | $14,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $512,000 |
total expense investment | $280,000 | $68,000 | $68,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $70,000 | $71,000 | $904,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$204,291 | $35,000 | $39,000 | $44,000 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $80,000 | $301,000 |
cumulative roi | $26 | $47 | $64 | $79 | $93 | $106 | $118 | $129 | $141 | $152 | $954 |
O2 Metrotown
Address: Burnaby, British Columbia
Price Range: $569,000 - $1,248,000
Avail. suites: 12
0—3 bd
473—1977 SqFt