Suite number:
D1
Project:
Address:
Surrey, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
802 sqft
Occupancy Date:
Sep 2026
Price, CAD
$659,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.74%
Cumulative Return on Investment in Year 5
105.40%
Property Price at the End of Year 5
$849,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$32,950
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $435,000 |
rent income | - | $10,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $232,000 |
mortgage principal reduction | - | $3,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $82,000 |
deposit interest | $2,000 | $861 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $36,000 | $55,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $757,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
remaining balance payment | - | $99,000 | - | - | - | - | - | - | - | - | $99,000 |
closing cost | - | $33,000 | - | - | - | - | - | - | - | - | $33,000 |
operating expense | - | $3,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $69,000 |
mortgage payment | - | $14,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $278,000 |
total expense investment | $33,000 | $148,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $512,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$93,397 | $30,000 | $33,000 | $36,000 | $40,000 | $43,000 | $47,000 | $51,000 | $56,000 | $245,000 |
cumulative roi | $108 | $48 | $69 | $88 | $105 | $122 | $139 | $156 | $173 | $190 | $1,000 |
Pinnacle by Mortise
Address: Surrey, British Columbia
Price Range: $569,000 - $750,000
Avail. suites: 10
1—2.5 bd
653—966 SqFt