Suite number:
2403 C2-03
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1256 sqft
Occupancy Date:
Dec 2025
Price, CAD
$2,349,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.56%
Cumulative Return on Investment in Year 5
92.11%
Property Price at the End of Year 5
$3,028,000
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 | $122,000 | $129,000 | $135,000 | $142,000 | $150,000 | $157,000 | $166,000 | $174,000 | $183,000 | $193,000 | $1,551,000 |
| rent income | $4,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $475,000 |
| mortgage principal reduction | $2,000 | $29,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $322,000 |
| deposit interest | $11,000 | - | - | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $139,000 | $207,000 | $212,000 | $222,000 | $233,000 | $245,000 | $257,000 | $270,000 | $283,000 | $297,000 | $2,363,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $235,000 | - | - | - | - | - | - | - | - | - | $235,000 |
| remaining balance payment | $235,000 | - | - | - | - | - | - | - | - | - | $235,000 |
| closing cost | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| operating expense | $2,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $184,000 |
| mortgage payment | $10,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $1,069,000 |
| total expense investment | $551,000 | $136,000 | $137,000 | $137,000 | $137,000 | $138,000 | $138,000 | $139,000 | $139,000 | $140,000 | $1,792,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$412,759 | $71,000 | $75,000 | $85,000 | $96,000 | $107,000 | $119,000 | $131,000 | $144,000 | $157,000 | $571,000 |
| cumulative roi | $25 | $48 | $65 | $79 | $92 | $104 | $115 | $125 | $135 | $145 | $933 |
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