Suite number:
A4A - BUILDING 3
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
513 sqft
Occupancy Date:
Dec 2027
Price, CAD
$489,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.74%
Cumulative Return on Investment in Year 5
105.19%
Property Price at the End of Year 5
$631,000
Deposit Schedule
Total up to 5% in 7 days
$24,495
5% on Occupancy
$24,495
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 | $35,000 | $36,000 | $38,000 | $40,000 | $323,000 |
| rent income | - | - | $1,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $97,000 |
| mortgage principal reduction | - | - | $493 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $50,000 |
| deposit interest | $2,000 | $3,000 | $2,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $28,000 | $29,000 | $32,000 | $53,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $482,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| remaining balance payment | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| closing cost | - | - | $29,000 | - | - | - | - | - | - | - | $29,000 |
| operating expense | - | - | $569 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $52,000 |
| mortgage payment | - | - | $2,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $174,000 |
| total expense investment | $49,000 | - | $81,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $353,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$21,099 | $29,000 | -$48,949 | $21,000 | $19,000 | $21,000 | $23,000 | $26,000 | $29,000 | $31,000 | $129,000 |
| cumulative roi | $57 | $117 | $73 | $93 | $105 | $116 | $127 | $137 | $147 | $156 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $490,000 - $823,000
Avail. suites: 26
1—3 bd
513—975 SqFt