Suite number:
2C
Project:
Address:
Burnaby, British Columbia
Developer:
Qualex-Landmark
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
907 sqft
Occupancy Date:
Dec 2025
Price, CAD
$1,040,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.45%
Cumulative Return on Investment in Year 5
97.25%
Property Price at the End of Year 5
$1,340,000
Deposit Schedule
Total up to 2.5% in 7 days
$26,000
2.5% on Occupancy
$26,000
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 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $686,000 |
| rent income | $16,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $362,000 |
| mortgage principal reduction | $6,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $150,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $82,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $1,206,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| remaining balance payment | $156,000 | - | - | - | - | - | - | - | - | - | $156,000 |
| closing cost | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| operating expense | $6,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $122,000 |
| mortgage payment | $26,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $495,000 |
| total expense investment | $280,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $865,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$197,788 | $39,000 | $43,000 | $48,000 | $53,000 | $59,000 | $65,000 | $71,000 | $77,000 | $84,000 | $340,000 |
| cumulative roi | $26 | $47 | $65 | $82 | $97 | $112 | $126 | $140 | $154 | $169 | $1,000 |
Artesia
Address: Burnaby, British Columbia
Price Range: $580,000 - $1,281,000
Avail. suites: 13
1—3.5 bd
497—1218 SqFt