Suite number:
B7
Project:
Address:
Surrey, British Columbia
Developer:
StreetSide Developments (British Columbia)
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
829 sqft
Occupancy Date:
Jun 2028
$500,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
28.72%
Cumulative Return on Investment in Year 5
123.79%
Property Price at the End of Year 5
$644,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$25,000
5% on Occupancy
$25,000
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
rent income | - | - | - | $8,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $140,000 |
mortgage principal reduction | - | - | - | $3,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $50,000 |
deposit interest | $2,000 | $3,000 | $3,000 | $1,000 | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $28,000 | $30,000 | $31,000 | $48,000 | $59,000 | $62,000 | $64,000 | $68,000 | $71,000 | $74,000 | $534,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
remaining balance payment | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
closing cost | - | - | - | $28,000 | - | - | - | - | - | - | $28,000 |
operating expense | - | - | - | $4,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $64,000 |
mortgage payment | - | - | - | $10,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $147,000 |
total expense investment | $50,000 | - | - | $91,000 | $32,000 | $32,000 | $33,000 | $33,000 | $33,000 | $34,000 | $339,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$21,863 | $30,000 | $31,000 | -$43,644 | $27,000 | $29,000 | $32,000 | $34,000 | $37,000 | $40,000 | $195,000 |
cumulative roi | $56 | $116 | $179 | $105 | $124 | $142 | $159 | $175 | $192 | $208 | $1,000 |
Juno
Address: Surrey, British Columbia
Price Range: $400,000 - $1,000,000
Avail. suites: 34
0—3 bd
454—1417 SqFt