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$1,105,900

O2 Metrotown - 6620 Sussex Ave - c4 - Burnaby, BC, V5H 3C7

MLS® # PB73-C4

2.0 Beds

3 Baths

964 sqft

Property Features:

  • Bedrooms: 2.0
  • Bathrooms: 2.5
  • Floor Space (approx): 964

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

67.8%

Cumulative Market Appreciation

$305,539

Net Operating Income in Year 5

$19,703

Cash on Cash Return in Year 5

-11.6%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$221,180
Mortgage Amount $884,720
Mortgage Payment
%
$4,590

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,349
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,052
Net Operating Income $1,297
Debt Service
Mortgage Payment $4,590
Net Cash Flow -$3,292

Acquistion Costs

Deposit $110,590
Land Transfer Tax $20,118
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $110,590
Total Acquisition Costs $257,798

Deposit Schedule

With the Offer $10,000
Deposit @ 7 days $45,295
Deposit @ 90 days $55,295
Total Deposit $110,590
Closing Date Mar 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $110,590 - - - - - - - - -
Closing Costs - $147,208 - - - - - - - -
Mortgage Paydown - $12,593$14,370$15,061$15,785$16,543$17,339$18,172$19,045$19,961
Total $110,590$159,801$14,370$15,061$15,785$16,543$17,339$18,172$19,045$19,961
Cash Invested $110,590$270,391$284,761$299,823$315,608$332,152$349,491$367,663$386,709$406,670
Rental Cash Flows
Rent and other income - $25,847$29,308$30,568$31,883$33,254$34,684$36,175$37,731$39,353
Operating Expenses - -$11,572-$12,910-$13,230-$13,560-$13,899-$14,248-$14,606-$14,975-$15,355
Mortgage Payment - -$50,494-$55,085-$55,085-$55,085-$55,085-$55,085-$55,085-$55,085-$55,085
Net Cash Flow - -$36,219-$38,687-$37,747-$36,762-$35,730-$34,649-$33,516-$32,329-$31,086
Returns
Property Price Appreciation $55,295$58,059$60,962$64,010$67,211$70,571$74,100$77,805$81,695$85,780
Mortgage Paydown - $12,593$14,370$15,061$15,785$16,543$17,339$18,172$19,045$19,961
Net Cash Flow - -$36,219-$38,687-$37,747-$36,762-$35,730-$34,649-$33,516-$32,329-$31,086
Total Return $55,295$34,433$36,645$41,324$46,233$51,385$56,790$62,461$68,411$74,654
Cumulative Return $55,295$89,728$126,374$167,698$213,932$265,317$322,108$384,569$452,981$527,636
Investment Metrics
Cumulative ROI 50.0% 33.2% 44.4% 55.9% 67.8% 79.9% 92.2% 104.6% 117.1% 129.7%
Cash On Cash - -13.4% -13.6% -12.6% -11.6% -10.8% -9.9% -9.1% -8.4% -7.6%

Location of c4-6620 Sussex Ave, Burnaby, BC, V5H 3C7

Demographic Information of c4-6620 Sussex Ave, Burnaby, BC, V5H 3C7

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$86,767.61

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.51 %

High school certificate or equivalent

24.65 %

Apprenticeship trade certificate/diploma

5.08 %

College/non-university certificate

13.68 %

University certificate (below bachelor)

2.39 %

University Degree

43.69 %

Commuter

Travel To Work

By Car

46.43 %

By Public Transit

40.47 %

By Walking

11.75 %

By Bicycle

0.0 %

By Other Methods

1.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

83.92 %

Houses

16.08 %

Own Vs. Rent