Suite number:
O6
Project:
Address:
Surrey, British Columbia
Developer:
Allure Ventures Inc.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
645 sqft
Occupancy Date:
Sep 2028
Price, CAD
$700,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.56%
Cumulative Return on Investment in Year 5
112.08%
Property Price at the End of Year 5
$902,000
Deposit Schedule
Total up to 15% in 360 days
$105,000
Net Gain (Loss)
Get Expert Advice
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
rent income | - | - | - | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $150,000 |
mortgage principal reduction | - | - | - | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $70,000 |
deposit interest | $60 | $5,000 | $5,000 | - | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $36,000 | $44,000 | $45,000 | $75,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $698,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $105,000 | - | - | - | - | - | - | - | - | - | $105,000 |
remaining balance payment | - | - | $35,000 | - | - | - | - | - | - | - | $35,000 |
closing cost | - | - | $34,000 | - | - | - | - | - | - | - | $34,000 |
operating expense | - | - | - | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $65,000 |
mortgage payment | - | - | - | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $245,000 |
total expense investment | $105,000 | - | $69,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $484,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$68,644 | $44,000 | -$23,082 | $31,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $214,000 |
cumulative roi | $35 | $76 | $77 | $98 | $112 | $125 | $137 | $148 | $160 | $171 | $1,000 |
SkyLiving
Address: Surrey, British Columbia
Price Range: $400,000 - $700,000
Avail. suites: 10
0—3.5 bd
385—1486 SqFt