Suite number:
Shine
Address:
Langford, British Columbia
Developer:
Westhills
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1260 sqft
Occupancy Date:
Sep 2023
Price, CAD
$774,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.94%
Cumulative Return on Investment in Year 5
154.06%
Property Price at the End of Year 5
$998,000
Deposit Schedule
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 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $512,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $28,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $148,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $69,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $660,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $388,000 |
| total expense investment | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $388,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $30,000 | $15,000 | $17,000 | $20,000 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $272,000 |
| cumulative roi | $177 | $157 | $153 | $153 | $154 | $156 | $159 | $163 | $166 | $170 | $2,000 |
Solaris by Westhills (North & South)
Address: Langford, British Columbia
Price Range: $400,000 - $775,000
Avail. suites: 7
0—2.5 bd
557—1260 SqFt