Suite number:
B2 - BUILDING 2
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
563 sqft
Occupancy Date:
Dec 2027
Price, CAD
$527,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.89%
Cumulative Return on Investment in Year 5
110.08%
Property Price at the End of Year 5
$680,000
Deposit Schedule
Total up to 5% in 7 days
$26,395
5% on Occupancy
$26,395
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 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $348,000 |
| rent income | - | - | $1,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $133,000 |
| mortgage principal reduction | - | - | $531 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $54,000 |
| deposit interest | $3,000 | $3,000 | $2,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $30,000 | $32,000 | $35,000 | $60,000 | $58,000 | $61,000 | $63,000 | $67,000 | $70,000 | $73,000 | $548,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| remaining balance payment | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
| closing cost | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
| operating expense | - | - | $647 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $59,000 |
| mortgage payment | - | - | $2,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $187,000 |
| total expense investment | $53,000 | - | $86,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $382,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$22,736 | $32,000 | -$50,973 | $26,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $166,000 |
| cumulative roi | $57 | $117 | $74 | $95 | $110 | $124 | $136 | $149 | $161 | $173 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $490,000 - $823,000
Avail. suites: 26
1—3 bd
513—975 SqFt