Suite number:
2302 C2-02
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
$1,899,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.38%
Cumulative Return on Investment in Year 5
95.91%
Property Price at the End of Year 5
$2,448,000
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 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $141,000 | $148,000 | $156,000 | $1,254,000 |
| 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 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $260,000 |
| deposit interest | $9,000 | - | - | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $113,000 | $176,000 | $180,000 | $189,000 | $198,000 | $208,000 | $218,000 | $229,000 | $240,000 | $252,000 | $2,003,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $190,000 | - | - | - | - | - | - | - | - | - | $190,000 |
| remaining balance payment | $190,000 | - | - | - | - | - | - | - | - | - | $190,000 |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $1,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $170,000 |
| mortgage payment | $8,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $864,000 |
| total expense investment | $447,000 | $112,000 | $113,000 | $113,000 | $113,000 | $114,000 | $114,000 | $115,000 | $115,000 | $116,000 | $1,472,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$334,105 | $64,000 | $67,000 | $76,000 | $85,000 | $94,000 | $104,000 | $114,000 | $125,000 | $136,000 | $531,000 |
| cumulative roi | $25 | $49 | $67 | $82 | $96 | $109 | $121 | $132 | $144 | $155 | $979 |
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