Suite number:
A1
Project:
Address:
Surrey, British Columbia
Developer:
Panorama West Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
641 sqft
Occupancy Date:
Jan 2025
Price, CAD
$559,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.22%
Cumulative Return on Investment in Year 5
84.47%
Property Price at the End of Year 5
$721,000
Deposit Schedule
$5 at Signing
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 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $370,000 |
rent income | $14,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $181,000 |
mortgage principal reduction | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $85,000 |
deposit interest | $120 | - | - | - | - | - | - | - | - | - | $120 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $54,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $641,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $28,000 | - | - | - | - | - | - | - | - | - | $28,000 |
remaining balance payment | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
closing cost | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
operating expense | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $92,000 |
mortgage payment | $26,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $278,000 |
total expense investment | $176,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $513,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$121,830 | $17,000 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $128,000 |
cumulative roi | $25 | $43 | $58 | $72 | $84 | $96 | $107 | $118 | $129 | $139 | $873 |
Amaya Living
Address: Surrey, British Columbia
Price Range: $540,000 - $1,010,000
Avail. suites: 12
1—3.5 bd
559—2043 SqFt