Suite number:
B1
Project:
Address:
Chilliwack, British Columbia
Developer:
Noort Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
840 sqft
Occupancy Date:
Jun 2024
Price, CAD
$479,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.07%
Cumulative Return on Investment in Year 5
161.00%
Property Price at the End of Year 5
$618,000
Deposit Schedule
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 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $317,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $8,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $84,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $33,000 | $33,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $401,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $220,000 |
| total expense investment | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $220,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $11,000 | $11,000 | $13,000 | $15,000 | $17,000 | $18,000 | $21,000 | $23,000 | $25,000 | $27,000 | $181,000 |
| cumulative roi | $152 | $152 | $154 | $157 | $161 | $165 | $169 | $173 | $178 | $182 | $2,000 |
Located at 8497 Young Road in Chilliwack near all amenities, Mountainview Lane features 113 individual condominium homes with 18 different floor plans that range from 750 square feet to nearly 1200 square feet of livable space. We are sure to have a ...
Address: Chilliwack, British Columbia
Price Range: $430,000 - $670,000
Avail. suites: 19
1—2.5 bd
824—1208 SqFt