Suite number:
211 - C1
Project:
Address:
Mission, British Columbia
Developer:
Redekop Faye
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
728 sqft
Occupancy Date:
Nov 2025
Price, CAD
$544,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.86%
Cumulative Return on Investment in Year 5
104.78%
Property Price at the End of Year 5
$702,000
Deposit Schedule
Total up to 5% in 7 days
$27,245
5% on Occupancy
$27,245
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 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $45,000 | $360,000 |
rent income | $5,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $236,000 |
mortgage principal reduction | $2,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $76,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $42,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $679,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
remaining balance payment | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
operating expense | $2,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $72,000 |
mortgage payment | $7,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $252,000 |
total expense investment | $148,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $464,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$105,717 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $45,000 | $49,000 | $215,000 |
cumulative roi | $26 | $48 | $68 | $87 | $105 | $123 | $140 | $159 | $177 | $197 | $1,000 |
Silver & Cedar
Address: Mission, British Columbia
Price Range: $450,000 - $545,000
Avail. suites: 25
2 bd
525—728 SqFt