Suite number:
2F-VISTA
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
925 sqft
Occupancy Date:
Dec 2025
Price, CAD
$1,170,000
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
93.89%
Property Price at the End of Year 5
$1,507,000
Deposit Schedule
Total up to 2.5% in 7 days
$29,250
2.5% on Occupancy
$29,250
Net Gain (Loss)
Get Expert Advice
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 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $772,000 |
rent income | $24,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $381,000 |
mortgage principal reduction | $11,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $175,000 |
deposit interest | $681 | - | - | - | - | - | - | - | - | - | $681 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $101,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $157,000 | $165,000 | $1,334,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
remaining balance payment | $176,000 | - | - | - | - | - | - | - | - | - | $176,000 |
closing cost | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
operating expense | $9,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $132,000 |
mortgage payment | $44,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $571,000 |
total expense investment | $330,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $73,000 | $73,000 | $73,000 | $74,000 | $980,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$228,628 | $41,000 | $47,000 | $52,000 | $58,000 | $64,000 | $70,000 | $77,000 | $84,000 | $91,000 | $354,000 |
cumulative roi | $26 | $46 | $64 | $79 | $94 | $108 | $121 | $134 | $147 | $160 | $978 |
Artesia
Address: Burnaby, British Columbia
Price Range: $590,000 - $1,170,000
Avail. suites: 11
1—3.5 bd
497—1218 SqFt