Suite number:
D1
Project:
Address:
Surrey, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
737 sqft
Occupancy Date:
Sep 2028
Price, CAD
$674,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.34%
Cumulative Return on Investment in Year 5
113.53%
Property Price at the End of Year 5
$869,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 180 days
$33,745
5% on Occupancy
$33,745
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $445,000 |
| rent income | - | - | - | $16,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $165,000 |
| mortgage principal reduction | - | - | - | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $65,000 |
| deposit interest | $1,000 | $3,000 | $4,000 | $720 | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $36,000 | $40,000 | $42,000 | $69,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $688,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $34,000 | $34,000 | - | - | - | - | - | - | - | - | $67,000 |
| remaining balance payment | - | - | - | $67,000 | - | - | - | - | - | - | $67,000 |
| closing cost | - | - | - | $33,000 | - | - | - | - | - | - | $33,000 |
| operating expense | - | - | - | $7,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $70,000 |
| mortgage payment | - | - | - | $25,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $228,000 |
| total expense investment | $34,000 | $34,000 | - | $133,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $466,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $6,000 | $42,000 | -$64,140 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $222,000 |
| cumulative roi | $107 | $112 | $175 | $98 | $114 | $128 | $141 | $154 | $167 | $180 | $1,000 |
BridgeCity
Address: Surrey, British Columbia
Price Range: $380,000 - $741,000
Avail. suites: 11
0—2.5 bd
388—917 SqFt