Suite number:
2301 B2-D1
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1084 sqft
Occupancy Date:
Dec 2025
Price, CAD
$1,799,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.97%
Cumulative Return on Investment in Year 5
94.10%
Property Price at the End of Year 5
$2,319,000
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 | $93,000 | $98,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $133,000 | $140,000 | $148,000 | $1,188,000 |
| rent income | $3,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $410,000 |
| mortgage principal reduction | $2,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $246,000 |
| deposit interest | $8,000 | - | - | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $106,000 | $164,000 | $167,000 | $175,000 | $183,000 | $193,000 | $202,000 | $212,000 | $222,000 | $233,000 | $1,858,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $180,000 | - | - | - | - | - | - | - | - | - | $180,000 |
| remaining balance payment | $180,000 | - | - | - | - | - | - | - | - | - | $180,000 |
| closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | $1,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $152,000 |
| mortgage payment | $8,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $819,000 |
| total expense investment | $424,000 | $105,000 | $106,000 | $106,000 | $106,000 | $107,000 | $107,000 | $108,000 | $108,000 | $108,000 | $1,386,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$317,775 | $58,000 | $61,000 | $69,000 | $77,000 | $86,000 | $95,000 | $104,000 | $114,000 | $125,000 | $472,000 |
| cumulative roi | $25 | $48 | $66 | $81 | $94 | $106 | $118 | $129 | $140 | $150 | $957 |
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