Suite number:
2305 C1-05
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1418 sqft
Occupancy Date:
Dec 2025
Price, CAD
$2,299,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.08%
Cumulative Return on Investment in Year 5
94.47%
Property Price at the End of Year 5
$2,963,000
Deposit Schedule
$10 at Signing
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 | $119,000 | $126,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $171,000 | $179,000 | $189,000 | $1,518,000 |
| rent income | $4,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $70,000 | $537,000 |
| mortgage principal reduction | $2,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $315,000 |
| deposit interest | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $136,000 | $209,000 | $214,000 | $225,000 | $236,000 | $247,000 | $260,000 | $272,000 | $286,000 | $300,000 | $2,385,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $230,000 | - | - | - | - | - | - | - | - | - | $230,000 |
| remaining balance payment | $230,000 | - | - | - | - | - | - | - | - | - | $230,000 |
| closing cost | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| operating expense | $2,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $197,000 |
| mortgage payment | $10,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $1,046,000 |
| total expense investment | $540,000 | $135,000 | $135,000 | $136,000 | $136,000 | $137,000 | $137,000 | $138,000 | $138,000 | $139,000 | $1,771,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$403,559 | $74,000 | $79,000 | $89,000 | $99,000 | $111,000 | $122,000 | $135,000 | $147,000 | $161,000 | $613,000 |
| cumulative roi | $25 | $48 | $66 | $81 | $94 | $107 | $118 | $130 | $141 | $152 | $962 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $1,700,000 - $2,900,000
Avail. suites: 12
1—3.5 bd
635—1913 SqFt