Suite number:
C1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
637 sqft
Occupancy Date:
Jun 2027
Price, CAD
$800,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.07%
Cumulative Return on Investment in Year 5
99.21%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$40,000
5% in 120 days
$40,000
5% on Occupancy
$40,000
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | - | $5,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $180,000 |
| mortgage principal reduction | - | $2,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $97,000 |
| deposit interest | $4,000 | $5,000 | - | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $46,000 | $60,000 | $75,000 | $79,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $819,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $120,000 | - | - | - | - | - | - | - | - | - | $120,000 |
| remaining balance payment | - | $40,000 | - | - | - | - | - | - | - | - | $40,000 |
| closing cost | - | $36,000 | - | - | - | - | - | - | - | - | $36,000 |
| operating expense | - | $2,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $80,000 |
| mortgage payment | - | $10,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $331,000 |
| total expense investment | $120,000 | $88,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $606,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$74,348 | -$27,271 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $213,000 |
| cumulative roi | $38 | $53 | $71 | $86 | $99 | $111 | $122 | $133 | $144 | $154 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $500,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt