Suite number:
B3
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
830 sqft
Occupancy Date:
Jan 2027
Price, CAD
$524,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.63%
Cumulative Return on Investment in Year 5
115.20%
Property Price at the End of Year 5
$676,000
Deposit Schedule
Total up to 5% in 7 days
$26,245
5% on Occupancy
$26,245
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 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $346,000 |
| rent income | - | $2,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $229,000 |
| mortgage principal reduction | - | $528 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $62,000 |
| deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $30,000 | $34,000 | $66,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $648,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| remaining balance payment | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
| closing cost | - | $30,000 | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | - | $700 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $74,000 |
| mortgage payment | - | $2,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $212,000 |
| total expense investment | $52,000 | $85,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $421,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$22,619 | -$51,700 | $31,000 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $45,000 | $49,000 | $226,000 |
| cumulative roi | $57 | $47 | $74 | $95 | $115 | $136 | $156 | $178 | $200 | $224 | $1,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $525,000 - $705,000
Avail. suites: 13
1—2.5 bd
540—1142 SqFt