Suite number:
F
Project:
Address:
Burnaby, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1020 sqft
Occupancy Date:
Jan 2029
Price, CAD
$1,000,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
29.73%
Cumulative Return on Investment in Year 5
115.47%
Property Price at the End of Year 5
$1,288,000
Deposit Schedule
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $660,000 |
| rent income | - | - | - | - | $22,000 | $31,000 | $32,000 | $34,000 | $35,000 | $36,000 | $190,000 |
| mortgage principal reduction | - | - | - | - | $9,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $80,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $52,000 | $55,000 | $58,000 | $61,000 | $100,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $935,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | $200,000 | - | - | - | - | - | $200,000 |
| closing cost | - | - | - | - | $40,000 | - | - | - | - | - | $40,000 |
| operating expense | - | - | - | - | $10,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $82,000 |
| mortgage payment | - | - | - | - | $38,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $288,000 |
| total expense investment | - | - | - | - | $287,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $609,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $52,000 | $55,000 | $58,000 | $61,000 | -$186,898 | $47,000 | $52,000 | $57,000 | $63,000 | $69,000 | $326,000 |
| cumulative roi | - | - | - | - | $115 | $130 | $143 | $155 | $167 | $179 | $888 |
Bassano
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,580,000
Avail. suites: 9
1—3.5 bd
761—1378 SqFt