Suite number:
E1
Project:
Address:
Abbotsford, British Columbia
Developer:
Diverse
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
983 sqft
Occupancy Date:
Mar 2027
Price, CAD
$599,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
29.10%
Cumulative Return on Investment in Year 5
129.57%
Property Price at the End of Year 5
$773,000
Deposit Schedule
Total up to 5% in 7 days
$29,995
5% on Occupancy
$29,995
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | - | - | $26,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $308,000 |
mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $68,000 |
deposit interest | $3,000 | $3,000 | $571 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $34,000 | $36,000 | $71,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $784,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
remaining balance payment | - | - | $60,000 | - | - | - | - | - | - | - | $60,000 |
closing cost | - | - | $31,000 | - | - | - | - | - | - | - | $31,000 |
operating expense | - | - | $8,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $91,000 |
mortgage payment | - | - | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $233,000 |
total expense investment | $60,000 | - | $122,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $475,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,825 | $36,000 | -$50,737 | $38,000 | $42,000 | $46,000 | $49,000 | $54,000 | $58,000 | $62,000 | $308,000 |
cumulative roi | $57 | $117 | $78 | $103 | $130 | $157 | $187 | $219 | $254 | $290 | $2,000 |
Sage - Phase 2
Address: Abbotsford, British Columbia
Price Range: $525,000 - $630,000
Avail. suites: 5
1.5—3 bd
708—983 SqFt