Suite number:
201 - H1
Project:
Address:
Surrey, British Columbia
Developer:
Allure Ventures Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1186 sqft
Occupancy Date:
Jan 2028
Price, CAD
$700,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
28.82%
Cumulative Return on Investment in Year 5
120.71%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$5,000 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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
rent income | - | - | - | $38,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $326,000 |
mortgage principal reduction | - | - | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $69,000 |
deposit interest | $260 | $260 | $260 | $20 | - | - | - | - | - | - | $800 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $37,000 | $39,000 | $41,000 | $93,000 | $97,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $862,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | - | - | - | $135,000 | - | - | - | - | - | - | $135,000 |
closing cost | - | - | - | $34,000 | - | - | - | - | - | - | $34,000 |
operating expense | - | - | - | $13,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $107,000 |
mortgage payment | - | - | - | $32,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $242,000 |
total expense investment | $5,000 | - | - | $214,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $52,000 | $523,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $32,000 | $39,000 | $41,000 | -$120,516 | $47,000 | $51,000 | $56,000 | $60,000 | $65,000 | $70,000 | $340,000 |
cumulative roi | $731 | $2,000 | $2,000 | $95 | $121 | $147 | $175 | $205 | $238 | $273 | $6,000 |
SkyLiving
Address: Surrey, British Columbia
Price Range: $400,000 - $900,000
Avail. suites: 56
0—3.5 bd
399—1486 SqFt