Suite number:
A1
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1703 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,475,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.64%
Cumulative Return on Investment in Year 5
118.36%
Property Price at the End of Year 5
$1,901,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$73,795
5% in 120 days
$73,795
5% on Occupancy
$73,795
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 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $974,000 |
| rent income | - | - | $59,000 | $62,000 | $65,000 | $67,000 | $70,000 | $73,000 | $77,000 | $80,000 | $554,000 |
| mortgage principal reduction | - | - | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $173,000 |
| deposit interest | $8,000 | $11,000 | - | - | - | - | - | - | - | - | $19,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $84,000 | $92,000 | $168,000 | $170,000 | $179,000 | $187,000 | $196,000 | $206,000 | $216,000 | $226,000 | $1,725,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $221,000 | - | - | - | - | - | - | - | - | - | $221,000 |
| remaining balance payment | - | $74,000 | - | - | - | - | - | - | - | - | $74,000 |
| closing cost | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $26,000 | $27,000 | $199,000 |
| mortgage payment | - | - | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $74,000 | $591,000 |
| total expense investment | $221,000 | $123,000 | $97,000 | $97,000 | $98,000 | $98,000 | $99,000 | $100,000 | $100,000 | $101,000 | $1,134,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$137,162 | -$31,061 | $71,000 | $73,000 | $81,000 | $89,000 | $97,000 | $106,000 | $116,000 | $126,000 | $591,000 |
| cumulative roi | $38 | $54 | $79 | $99 | $118 | $137 | $154 | $172 | $191 | $210 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $605,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt