Suite number:
C1
Project:
Address:
Surrey, British Columbia
Developer:
Solterra Group of Companies
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
2041 sqft
Occupancy Date:
Dec 2027
Price, CAD
$1,198,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
29.66%
Cumulative Return on Investment in Year 5
123.49%
Property Price at the End of Year 5
$1,545,000
Deposit Schedule
$10,000 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 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $89,000 | $94,000 | $98,000 | $791,000 |
rent income | - | - | - | $71,000 | $74,000 | $78,000 | $81,000 | $84,000 | $88,000 | $92,000 | $568,000 |
mortgage principal reduction | - | - | - | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $120,000 |
deposit interest | $519 | $520 | $488 | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $63,000 | $66,000 | $69,000 | $164,000 | $166,000 | $174,000 | $182,000 | $191,000 | $200,000 | $210,000 | $1,486,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $230,000 | - | - | - | - | - | - | - | $230,000 |
closing cost | - | - | $43,000 | - | - | - | - | - | - | - | $43,000 |
operating expense | - | - | - | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $31,000 | $31,000 | $204,000 |
mortgage payment | - | - | - | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $420,000 |
total expense investment | $10,000 | - | $273,000 | $87,000 | $88,000 | $88,000 | $89,000 | $90,000 | $91,000 | $91,000 | $907,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $53,000 | $66,000 | -$203,785 | $76,000 | $78,000 | $86,000 | $93,000 | $101,000 | $110,000 | $119,000 | $578,000 |
cumulative roi | $627 | $1,000 | $70 | $98 | $123 | $149 | $177 | $206 | $237 | $272 | $3,000 |
Vivere
Address: Surrey, British Columbia
Price Range: $565,000 - $1,199,000
Avail. suites: 17
1—3.5 bd
538—3621 SqFt