Suite number:
2306 C1-06
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1419 sqft
Occupancy Date:
Dec 2025
Price, CAD
$2,179,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.32%
Cumulative Return on Investment in Year 5
95.55%
Property Price at the End of Year 5
$2,808,000
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 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $170,000 | $179,000 | $1,439,000 |
| rent income | $4,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $70,000 | $537,000 |
| mortgage principal reduction | $2,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $298,000 |
| deposit interest | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $129,000 | $201,000 | $206,000 | $216,000 | $226,000 | $238,000 | $249,000 | $262,000 | $274,000 | $288,000 | $2,289,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $218,000 | - | - | - | - | - | - | - | - | - | $218,000 |
| remaining balance payment | $218,000 | - | - | - | - | - | - | - | - | - | $218,000 |
| closing cost | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | $2,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $193,000 |
| mortgage payment | $9,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $992,000 |
| total expense investment | $512,000 | $129,000 | $129,000 | $129,000 | $130,000 | $130,000 | $131,000 | $131,000 | $132,000 | $133,000 | $1,686,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$382,315 | $72,000 | $77,000 | $86,000 | $96,000 | $107,000 | $118,000 | $130,000 | $142,000 | $155,000 | $603,000 |
| cumulative roi | $25 | $48 | $66 | $82 | $96 | $108 | $120 | $132 | $143 | $154 | $975 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $1,700,000 - $2,900,000
Avail. suites: 12
1—3.5 bd
635—1913 SqFt