Suite number:
D2
Project:
Address:
Surrey, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
800 sqft
Occupancy Date:
Sep 2026
Price, CAD
$669,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.65%
Cumulative Return on Investment in Year 5
104.97%
Property Price at the End of Year 5
$862,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$33,450
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 | $34,000 | $37,000 | $39,000 | $40,000 | $43,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $441,000 |
rent income | - | $10,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $232,000 |
mortgage principal reduction | - | $3,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $83,000 |
deposit interest | $2,000 | $874 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $36,000 | $56,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $764,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
remaining balance payment | - | $100,000 | - | - | - | - | - | - | - | - | $100,000 |
closing cost | - | $33,000 | - | - | - | - | - | - | - | - | $33,000 |
operating expense | - | $3,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $69,000 |
mortgage payment | - | $14,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $282,000 |
total expense investment | $33,000 | $150,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $518,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$94,726 | $30,000 | $33,000 | $36,000 | $40,000 | $44,000 | $47,000 | $52,000 | $56,000 | $246,000 |
cumulative roi | $108 | $48 | $69 | $88 | $105 | $122 | $138 | $155 | $171 | $188 | $1,000 |
Pinnacle by Mortise
Address: Surrey, British Columbia
Price Range: $569,000 - $750,000
Avail. suites: 10
1—2.5 bd
653—966 SqFt