Suite number:
2606 C3
Project:
Address:
Surrey, British Columbia
Developer:
Thind
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
545 sqft
Occupancy Date:
Dec 2027
Price, CAD
$619,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.15%
Cumulative Return on Investment in Year 5
110.13%
Property Price at the End of Year 5
$799,000
Deposit Schedule
$2.5 at Signing
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 | $32,000 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $409,000 |
| rent income | - | - | - | $16,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $148,000 |
| mortgage principal reduction | - | - | - | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $63,000 |
| deposit interest | $805 | $806 | $806 | $120 | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $33,000 | $35,000 | $36,000 | $65,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $628,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $15,000 | - | - | - | - | - | - | - | - | - | $15,000 |
| remaining balance payment | - | - | - | $108,000 | - | - | - | - | - | - | $108,000 |
| closing cost | - | - | - | $30,000 | - | - | - | - | - | - | $30,000 |
| operating expense | - | - | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $52,000 |
| mortgage payment | - | - | - | $25,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $206,000 |
| total expense investment | $15,000 | - | - | $170,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $412,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $17,000 | $35,000 | $36,000 | -$104,527 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $47,000 | $215,000 |
| cumulative roi | $213 | $437 | $672 | $93 | $110 | $126 | $141 | $156 | $170 | $184 | $2,000 |
District Northwest - North Tower
Address: Surrey, British Columbia
Price Range: $507,000 - $864,000
Avail. suites: 8
0—2 bd
420—746 SqFt