Suite number:
A1A - BUILDING 2
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
604 sqft
Occupancy Date:
Dec 2027
Price, CAD
$544,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.27%
Cumulative Return on Investment in Year 5
110.86%
Property Price at the End of Year 5
$702,000
Deposit Schedule
Total up to 5% in 0 days
$27,245
5% on Occupancy
$27,245
Net Gain (Loss)
Get Expert Advice
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 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $45,000 | $360,000 |
| rent income | - | - | - | $13,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $111,000 |
| mortgage principal reduction | - | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $56,000 |
| deposit interest | $3,000 | $3,000 | $3,000 | $62 | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $31,000 | $33,000 | $34,000 | $57,000 | $57,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $540,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| remaining balance payment | - | - | - | $54,000 | - | - | - | - | - | - | $54,000 |
| closing cost | - | - | - | $29,000 | - | - | - | - | - | - | $29,000 |
| operating expense | - | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $60,000 |
| mortgage payment | - | - | - | $24,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $183,000 |
| total expense investment | $54,000 | - | - | $115,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $382,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$23,471 | $33,000 | $34,000 | -$57,527 | $22,000 | $25,000 | $27,000 | $30,000 | $33,000 | $36,000 | $158,000 |
| cumulative roi | $57 | $117 | $180 | $97 | $111 | $123 | $134 | $145 | $155 | $165 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $510,000 - $785,000
Avail. suites: 39
1—3 bd
513—975 SqFt