Suite number:
B1
Project:
Address:
Surrey, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
653 sqft
Occupancy Date:
Sep 2026
Price, CAD
$569,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.64%
Cumulative Return on Investment in Year 5
96.43%
Property Price at the End of Year 5
$733,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$28,450
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 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $375,000 |
rent income | - | $6,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $151,000 |
mortgage principal reduction | - | $3,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $71,000 |
deposit interest | $1,000 | $744 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $31,000 | $46,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $605,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $28,000 | - | - | - | - | - | - | - | - | - | $28,000 |
remaining balance payment | - | $85,000 | - | - | - | - | - | - | - | - | $85,000 |
closing cost | - | $31,000 | - | - | - | - | - | - | - | - | $31,000 |
operating expense | - | $2,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $54,000 |
mortgage payment | - | $12,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $240,000 |
total expense investment | $28,000 | $131,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $438,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$84,434 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $166,000 |
cumulative roi | $108 | $47 | $66 | $82 | $96 | $110 | $123 | $135 | $148 | $160 | $1,000 |
Pinnacle by Mortise
Address: Surrey, British Columbia
Price Range: $569,000 - $750,000
Avail. suites: 10
1—2.5 bd
653—966 SqFt