Suite number:
2401 B2-D1
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1084 sqft
Occupancy Date:
Dec 2025
Price, CAD
$2,299,999
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.18%
Cumulative Return on Investment in Year 5
90.42%
Property Price at the End of Year 5
$2,963,000
Deposit Schedule
$10 at Signing
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 | $119,000 | $126,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $171,000 | $179,000 | $189,000 | $1,518,000 |
| rent income | $3,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $410,000 |
| mortgage principal reduction | $2,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $315,000 |
| deposit interest | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $135,000 | $197,000 | $202,000 | $212,000 | $222,000 | $233,000 | $245,000 | $257,000 | $270,000 | $284,000 | $2,258,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $230,000 | - | - | - | - | - | - | - | - | - | $230,000 |
| remaining balance payment | $230,000 | - | - | - | - | - | - | - | - | - | $230,000 |
| closing cost | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| operating expense | $1,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $166,000 |
| mortgage payment | $10,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $115,000 | $1,046,000 |
| total expense investment | $539,000 | $132,000 | $132,000 | $133,000 | $133,000 | $133,000 | $134,000 | $134,000 | $135,000 | $135,000 | $1,741,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$404,280 | $65,000 | $70,000 | $79,000 | $89,000 | $100,000 | $111,000 | $123,000 | $135,000 | $148,000 | $517,000 |
| cumulative roi | $25 | $47 | $64 | $78 | $90 | $102 | $112 | $122 | $131 | $140 | $912 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $1,700,000 - $2,900,000
Avail. suites: 12
1—3.5 bd
635—1913 SqFt