Suite number:
A1
Project:
Address:
Kelowna, British Columbia
Developer:
Mission Group
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
367 sqft
Occupancy Date:
Jul 2025
Price, CAD
$347,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.11%
Cumulative Return on Investment in Year 5
74.90%
Property Price at the End of Year 5
$448,000
Deposit Schedule
$10 at Signing
Total up to 5% in 180 days
$17,395
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 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $230,000 |
| rent income | $2,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $56,000 |
| mortgage principal reduction | $2,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $54,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $42,000 | $346,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $17,000 | - | - | - | - | - | - | - | - | - | $17,000 |
| remaining balance payment | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| closing cost | $25,000 | - | - | - | - | - | - | - | - | - | $25,000 |
| operating expense | $1,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $5,000 | $39,000 |
| mortgage payment | $5,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $149,000 |
| total expense investment | $101,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $21,000 | $21,000 | $283,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$73,734 | $9,000 | $11,000 | $12,000 | $13,000 | $15,000 | $17,000 | $18,000 | $20,000 | $22,000 | $63,000 |
| cumulative roi | $22 | $38 | $52 | $64 | $75 | $85 | $94 | $103 | $112 | $120 | $766 |
Alma on Abbott
Address: Kelowna, British Columbia
Price Range: $348,000 - $1,320,000
Avail. suites: 14
0—3.5 bd
367—1560 SqFt