Suite number:
2111 C4
Project:
Address:
Surrey, British Columbia
Developer:
Thind
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
583 sqft
Occupancy Date:
Dec 2027
$637,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.37%
Cumulative Return on Investment in Year 5
110.96%
Property Price at the End of Year 5
$822,000
Deposit Schedule
$2.5 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $421,000 |
rent income | - | - | - | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $159,000 |
mortgage principal reduction | - | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $64,000 |
deposit interest | $828 | $829 | $829 | $124 | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $34,000 | $36,000 | $38,000 | $68,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $652,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $16,000 | - | - | - | - | - | - | - | - | - | $16,000 |
remaining balance payment | - | - | - | $112,000 | - | - | - | - | - | - | $112,000 |
closing cost | - | - | - | $31,000 | - | - | - | - | - | - | $31,000 |
operating expense | - | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $55,000 |
mortgage payment | - | - | - | $26,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $212,000 |
total expense investment | $16,000 | - | - | $174,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $425,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $18,000 | $36,000 | $38,000 | -$106,707 | $32,000 | $35,000 | $38,000 | $42,000 | $46,000 | $49,000 | $226,000 |
cumulative roi | $213 | $437 | $672 | $93 | $111 | $127 | $143 | $158 | $173 | $188 | $2,000 |
District Northwest - North Tower
Address: Surrey, British Columbia
Price Range: $507,000 - $864,000
Avail. suites: 8
0—2 bd
420—746 SqFt