Suite number:
309 - A6
Project:
Address:
White Rock, British Columbia
Developer:
Solterra Group of Companies
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
830 sqft
Occupancy Date:
Sep 2024
Price, CAD
$829,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
35.05%
Cumulative Return on Investment in Year 5
160.39%
Property Price at the End of Year 5
$1,069,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$41,495
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 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $548,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $14,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $144,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $57,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $691,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $380,000 |
| total expense investment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $380,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $19,000 | $20,000 | $22,000 | $25,000 | $29,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $311,000 |
| cumulative roi | $149 | $150 | $153 | $157 | $160 | $164 | $168 | $173 | $177 | $182 | $2,000 |
Monaco
Address: White Rock, British Columbia
Price Range: $830,000 - $2,679,000
Avail. suites: 3
2—3 bd
830—2215 SqFt