Suite number:
C3
Project:
Address:
Kelowna, British Columbia
Developer:
Mission Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
990 sqft
Occupancy Date:
Jul 2025
Price, CAD
$849,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.51%
Cumulative Return on Investment in Year 5
79.71%
Property Price at the End of Year 5
$1,095,000
Deposit Schedule
$10 at Signing
Total up to 5% in 180 days
$42,495
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $561,000 |
| rent income | $9,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $239,000 |
| mortgage principal reduction | $4,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $122,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $64,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $928,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
| remaining balance payment | $127,000 | - | - | - | - | - | - | - | - | - | $127,000 |
| closing cost | $36,000 | - | - | - | - | - | - | - | - | - | $36,000 |
| operating expense | $4,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $108,000 |
| mortgage payment | $18,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $401,000 |
| total expense investment | $229,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $715,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$164,143 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $60,000 | $213,000 |
| cumulative roi | $22 | $39 | $54 | $67 | $80 | $91 | $102 | $113 | $124 | $134 | $826 |
Alma on Abbott
Address: Kelowna, British Columbia
Price Range: $348,000 - $1,320,000
Avail. suites: 14
0—3.5 bd
367—1560 SqFt