Suite number:
C2
Project:
Address:
Surrey, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
658 sqft
Occupancy Date:
Sep 2028
Price, CAD
$649,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
28.64%
Cumulative Return on Investment in Year 5
121.83%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 180 days
$32,495
5% on Occupancy
$32,495
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
| rent income | - | - | - | $3,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $133,000 |
| mortgage principal reduction | - | - | - | $1,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $58,000 |
| deposit interest | $1,000 | $3,000 | $3,000 | $3,000 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $35,000 | $38,000 | $41,000 | $52,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $635,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $32,000 | $32,000 | - | - | - | - | - | - | - | - | $65,000 |
| remaining balance payment | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
| closing cost | - | - | - | $31,000 | - | - | - | - | - | - | $31,000 |
| operating expense | - | - | - | $1,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $59,000 |
| mortgage payment | - | - | - | $5,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $195,000 |
| total expense investment | $32,000 | $32,000 | - | $103,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $415,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $6,000 | $41,000 | -$51,043 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $46,000 | $220,000 |
| cumulative roi | $107 | $112 | $175 | $106 | $122 | $136 | $149 | $161 | $174 | $186 | $1,000 |
BridgeCity
Address: Surrey, British Columbia
Price Range: $380,000 - $738,000
Avail. suites: 18
0—2.5 bd
388—917 SqFt