Suite number:
B1-04 - 2804
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1294 sqft
Occupancy Date:
Dec 2025
Price, CAD
$899,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.65%
Cumulative Return on Investment in Year 5
94.16%
Property Price at the End of Year 5
$1,159,000
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $594,000 |
| rent income | $14,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $315,000 |
| mortgage principal reduction | $5,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $130,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $73,000 | $89,000 | $93,000 | $98,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $130,000 | $1,047,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
| remaining balance payment | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
| closing cost | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
| operating expense | $6,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $133,000 |
| mortgage payment | $23,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $428,000 |
| total expense investment | $246,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $779,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$173,138 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $58,000 | $64,000 | $69,000 | $268,000 |
| cumulative roi | $26 | $47 | $64 | $80 | $94 | $108 | $121 | $134 | $146 | $159 | $979 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $655,000 - $1,590,000
Avail. suites: 11
1—3.5 bd
635—1913 SqFt