Suite number:
C7
Project:
Address:
Kelowna, British Columbia
Developer:
Mission Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1265 sqft
Occupancy Date:
Jul 2025
Price, CAD
$1,090,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.81%
Cumulative Return on Investment in Year 5
89.69%
Property Price at the End of Year 5
$1,404,000
Deposit Schedule
$10 at Signing
Total up to 5% in 180 days
$54,500
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 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $719,000 |
| rent income | $10,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $353,000 |
| mortgage principal reduction | $5,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $170,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $80,000 | $107,000 | $112,000 | $118,000 | $123,000 | $129,000 | $135,000 | $142,000 | $148,000 | $156,000 | $1,251,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| remaining balance payment | $164,000 | - | - | - | - | - | - | - | - | - | $164,000 |
| closing cost | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| operating expense | $5,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $147,000 |
| mortgage payment | $17,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $466,000 |
| total expense investment | $279,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $67,000 | $68,000 | $871,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$198,739 | $43,000 | $48,000 | $53,000 | $58,000 | $63,000 | $69,000 | $75,000 | $81,000 | $88,000 | $380,000 |
| cumulative roi | $22 | $42 | $59 | $75 | $90 | $104 | $118 | $131 | $145 | $158 | $943 |
Alma on Abbott
Address: Kelowna, British Columbia
Price Range: $348,000 - $1,320,000
Avail. suites: 14
0—3.5 bd
367—1560 SqFt