Suite number:
Ember
Address:
Langford, British Columbia
Developer:
Westhills
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
790 sqft
Occupancy Date:
Sep 2023
Price, CAD
$609,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.88%
Cumulative Return on Investment in Year 5
155.40%
Property Price at the End of Year 5
$786,000
Deposit Schedule
$10 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 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $403,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $18,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $112,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $49,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $62,000 | $514,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $297,000 |
| total expense investment | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $297,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $19,000 | $12,000 | $15,000 | $17,000 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $33,000 | $217,000 |
| cumulative roi | $166 | $154 | $152 | $153 | $155 | $158 | $162 | $165 | $169 | $173 | $2,000 |
Solaris by Westhills (North & South)
Address: Langford, British Columbia
Price Range: $400,000 - $610,000
Avail. suites: 6
0—2 bd
565—1133 SqFt