Suite number:
Beam
Address:
Langford, British Columbia
Developer:
Westhills
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
686 sqft
Occupancy Date:
Sep 2023
Price, CAD
$487,600
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.78%
Cumulative Return on Investment in Year 5
150.77%
Property Price at the End of Year 5
$628,000
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 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $322,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $15,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $88,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $40,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $410,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $244,000 |
| total expense investment | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $244,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $15,000 | $9,000 | $11,000 | $12,000 | $14,000 | $16,000 | $18,000 | $21,000 | $23,000 | $25,000 | $166,000 |
| cumulative roi | $163 | $150 | $148 | $149 | $151 | $153 | $157 | $160 | $164 | $168 | $2,000 |
Solaris by Westhills (North & South)
Address: Langford, British Columbia
Price Range: $410,000 - $750,000
Avail. suites: 7
0—2.5 bd
557—1260 SqFt