Suite number:
B1
Project:
Address:
Surrey, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
552 sqft
Occupancy Date:
Sep 2028
Price, CAD
$497,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.79%
Cumulative Return on Investment in Year 5
111.56%
Property Price at the End of Year 5
$641,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 180 days
$24,895
5% on Occupancy
$24,895
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $329,000 |
| rent income | - | - | - | $5,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $93,000 |
| mortgage principal reduction | - | - | - | $3,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $45,000 |
| deposit interest | $902 | $2,000 | $3,000 | $1,000 | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $27,000 | $29,000 | $31,000 | $44,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $479,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $25,000 | $25,000 | - | - | - | - | - | - | - | - | $50,000 |
| remaining balance payment | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
| closing cost | - | - | - | $29,000 | - | - | - | - | - | - | $29,000 |
| operating expense | - | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $47,000 |
| mortgage payment | - | - | - | $10,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $160,000 |
| total expense investment | $25,000 | $25,000 | - | $93,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $336,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $4,000 | $31,000 | -$48,025 | $19,000 | $22,000 | $24,000 | $27,000 | $29,000 | $32,000 | $142,000 |
| cumulative roi | $107 | $112 | $175 | $98 | $112 | $123 | $134 | $144 | $154 | $164 | $1,000 |
BridgeCity
Address: Surrey, British Columbia
Price Range: $380,000 - $741,000
Avail. suites: 18
0—2.5 bd
388—917 SqFt