LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
Image 2
Image 3
$769,900

1.0 Beds

1 Bath

573 sqft

plan_b-4653 Kingsway, Burnaby, BC, V5H 2B3

Burnaby BC, V5H 2B3

MLS® # PB826-PLAN_B
Plan_B - Citizen by Anthem

Property Features:

  • Bedrooms: 1.0
  • Bathrooms: 1.0
  • Floor Space (approx): 573

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

92.2%

Cumulative Market Appreciation

$212,709

Net Operating Income in Year 5

$6,898

Cash on Cash Return in Year 5

-16.8%

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
%
$153,980
Mortgage Amount $615,920
Mortgage Payment
%
$3,195

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,117
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $690
Net Operating Income $426
Debt Service
Mortgage Payment $3,195
Net Cash Flow -$2,768

Acquistion Costs

Deposit $115,485
Land Transfer Tax $13,398
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $38,495
Total Acquisition Costs $183,878

Deposit Schedule

With the Offer $0
Deposit @ 90 days $38,495
Deposit @ 540 days $38,495
Total Deposit $115,485
Closing Date Jan 1, 2029

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $76,990$38,495 - - - - - - - -
Closing Costs - - - $68,393 - - - - - -
Mortgage Paydown - - - $3,144$9,734$10,202$10,692$11,206$11,744$12,309
Total $76,990$38,495$0$71,537$9,734$10,202$10,692$11,206$11,744$12,309
Cash Invested $76,990$115,485$115,485$187,022$196,756$206,958$217,651$228,857$240,602$252,911
Rental Cash Flows
Rent and other income - - - $4,469$13,600$14,185$14,795$15,431$16,094$16,786
Operating Expenses - - - -$2,762-$8,350-$8,546-$8,747-$8,954-$9,166-$9,383
Mortgage Payment - - - -$12,783-$38,349-$38,349-$38,349-$38,349-$38,349-$38,349
Net Cash Flow - - - -$11,075-$33,099-$32,710-$32,301-$31,871-$31,420-$30,945
Returns
Property Price Appreciation $38,495$40,419$42,440$44,562$46,790$49,130$51,586$54,166$56,874$59,718
Mortgage Paydown - - - $3,144$9,734$10,202$10,692$11,206$11,744$12,309
Net Cash Flow - - - -$11,075-$33,099-$32,710-$32,301-$31,871-$31,420-$30,945
Total Return $38,495$40,419$42,440$36,631$23,425$26,621$29,977$33,500$37,199$41,082
Cumulative Return $38,495$78,914$121,355$157,987$181,412$208,034$238,012$271,513$308,712$349,795
Investment Metrics
Cumulative ROI 50.0% 68.3% 105.1% 84.5% 92.2% 100.5% 109.4% 118.6% 128.3% 138.3%
Cash On Cash - - - -5.9% -16.8% -15.8% -14.8% -13.9% -13.1% -12.2%

Location of plan_b-4653 Kingsway, Burnaby, BC, V5H 2B3

Demographic Information of plan_b-4653 Kingsway, Burnaby, BC, V5H 2B3

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$89,288.02

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.68 %

High school certificate or equivalent

23.69 %

Apprenticeship trade certificate/diploma

3.62 %

College/non-university certificate

14.38 %

University certificate (below bachelor)

3.5 %

University Degree

47.13 %

Commuter

Travel To Work

By Car

57.57 %

By Public Transit

28.68 %

By Walking

11.56 %

By Bicycle

0.14 %

By Other Methods

2.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

99.25 %

Houses

0.75 %

Own Vs. Rent