Suite number:
B1
Project:
Address:
Penticton, British Columbia
Developer:
Tien Sher Group
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
514 sqft
Occupancy Date:
Dec 2027
Price, CAD
$300,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.61%
Cumulative Return on Investment in Year 5
104.25%
Property Price at the End of Year 5
$386,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$10,000
5% on Occupancy
$15,000
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 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $198,000 |
| rent income | - | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $50,000 |
| mortgage principal reduction | - | - | - | $3,000 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $32,000 |
| deposit interest | $1,000 | $2,000 | $2,000 | $320 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $17,000 | $18,000 | $19,000 | $32,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $289,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| remaining balance payment | - | - | - | $30,000 | - | - | - | - | - | - | $30,000 |
| closing cost | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| operating expense | - | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $35,000 |
| mortgage payment | - | - | - | $10,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $93,000 |
| total expense investment | $30,000 | - | - | $68,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $212,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$13,319 | $18,000 | $19,000 | -$36,369 | $12,000 | $13,000 | $14,000 | $16,000 | $17,000 | $19,000 | $77,000 |
| cumulative roi | $56 | $115 | $178 | $92 | $104 | $115 | $126 | $135 | $144 | $153 | $1,000 |
Innovation District’s inaugural residential building, Nikola, presents the first opportunity to call this master-planned community home. Spanning six stories and featuring an incredible rooftop deck with lake views, Nikola offers 127 homes ranging fr...
Address: Penticton, British Columbia
Price Range: $279,000 - $600,000
Avail. suites: 16
0—3 bd
390—1055 SqFt