Suite number:
2303 C2-03
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1256 sqft
Occupancy Date:
Dec 2025
Price, CAD
$1,849,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.48%
Cumulative Return on Investment in Year 5
96.41%
Property Price at the End of Year 5
$2,383,000
Deposit Schedule
$10 at Signing
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 | $96,000 | $101,000 | $106,000 | $112,000 | $118,000 | $124,000 | $130,000 | $137,000 | $144,000 | $152,000 | $1,221,000 |
| rent income | $4,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $475,000 |
| mortgage principal reduction | $2,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $34,000 | $253,000 |
| deposit interest | $8,000 | - | - | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $110,000 | $173,000 | $176,000 | $185,000 | $194,000 | $204,000 | $214,000 | $224,000 | $235,000 | $247,000 | $1,963,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $185,000 | - | - | - | - | - | - | - | - | - | $185,000 |
| remaining balance payment | $185,000 | - | - | - | - | - | - | - | - | - | $185,000 |
| closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | $1,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $19,000 | $20,000 | $20,000 | $169,000 |
| mortgage payment | $8,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $93,000 | $842,000 |
| total expense investment | $436,000 | $110,000 | $110,000 | $110,000 | $111,000 | $111,000 | $112,000 | $112,000 | $113,000 | $113,000 | $1,437,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$325,754 | $64,000 | $66,000 | $75,000 | $83,000 | $93,000 | $102,000 | $112,000 | $123,000 | $134,000 | $526,000 |
| cumulative roi | $25 | $49 | $67 | $82 | $96 | $109 | $122 | $134 | $145 | $157 | $986 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $1,700,000 - $2,900,000
Avail. suites: 12
1—3.5 bd
635—1913 SqFt