Suite number:

A8B - BUILDING 3

Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
552 sqft
Occupancy Date:
Dec 2027
Price, CAD
$479,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

23.99%

Cumulative Return on Investment in Year 5

105.70%

Property Price at the End of Year 5

$618,000

Deposit Schedule
Total up to 2.5% in 7 days
$11,998
2.5% on Occupancy
$11,998
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$25,000$26,000$28,000$29,000$31,000$32,000$34,000$36,000$37,000$39,000$317,000
rent income--$14,000$20,000$21,000$22,000$23,000$24,000$25,000$26,000$173,000
mortgage principal reduction--$4,000$6,000$6,000$7,000$7,000$7,000$8,000$8,000$54,000
deposit interest$1,000$1,000$211-------$3,000
gst hst rebate--$5,000-------$5,000
total income return$26,000$27,000$52,000$55,000$58,000$61,000$63,000$67,000$70,000$73,000$552,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$24,000---------$24,000
remaining balance payment--$72,000-------$72,000
closing cost--$29,000-------$29,000
operating expense--$6,000$8,000$8,000$8,000$9,000$9,000$9,000$9,000$66,000
mortgage payment--$18,000$24,000$24,000$24,000$24,000$24,000$24,000$24,000$186,000
total expense investment$24,000-$125,000$32,000$32,000$32,000$33,000$33,000$33,000$33,000$377,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$2,000$27,000-$73,258$23,000$26,000$28,000$31,000$34,000$37,000$40,000$175,000
cumulative roi$109$223$69$88$106$122$139$155$172$189$1,000
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $440,000 - $800,000
Avail. suites: 42
1—3 bd
513—1102 SqFt