Suite number:
2606 C3
Project:
Address:
Surrey, British Columbia
Developer:
Thind
Property type:
condo
Floor plan:
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
25.52%
Cumulative Return on Investment in Year 5
107.90%
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 | $21,000 | $22,000 | $23,000 | $24,000 | $148,000 |
mortgage principal reduction | - | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $60,000 |
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 | $67,000 | $70,000 | $74,000 | $78,000 | $81,000 | $85,000 | $625,000 |
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 | - | - | - | $32,000 | - | - | - | - | - | - | $32,000 |
operating expense | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $51,000 |
mortgage payment | - | - | - | $26,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $212,000 |
total expense investment | $15,000 | - | - | $172,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $419,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $17,000 | $35,000 | $36,000 | -$107,141 | $29,000 | $32,000 | $35,000 | $39,000 | $43,000 | $46,000 | $206,000 |
cumulative roi | $213 | $437 | $672 | $91 | $108 | $123 | $137 | $151 | $165 | $179 | $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