Suite number:
C2 PENTHOUSE 1801
Project:
Address:
Langford, British Columbia
Developer:
Terracap
Property type:
condo
Floor plan:
Bathrooms:
4
Bedrooms:
3.5
Size:
3509 sqft
Occupancy Date:
Aug 2024
Price, CAD
$4,567,395
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.53%
Cumulative Return on Investment in Year 5
145.39%
Property Price at the End of Year 5
$5,884,000
Deposit Schedule
$5 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 | $237,000 | $250,000 | $263,000 | $276,000 | $291,000 | $306,000 | $322,000 | $339,000 | $356,000 | $375,000 | $3,014,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $86,000 | $61,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $749,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $322,000 | $310,000 | $326,000 | $343,000 | $361,000 | $379,000 | $399,000 | $419,000 | $441,000 | $463,000 | $3,763,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $2,287,000 |
total expense investment | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $2,287,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $94,000 | $82,000 | $98,000 | $114,000 | $132,000 | $150,000 | $170,000 | $190,000 | $212,000 | $234,000 | $1,476,000 |
cumulative roi | $141 | $138 | $140 | $142 | $145 | $149 | $152 | $156 | $160 | $165 | $1,000 |
One Bear Mountain
Address: Langford, British Columbia
Price Range: $924,000 - $4,567,000
Avail. suites: 16
2—3.5 bd
1184—4133 SqFt