Suite number:
B2A - YORK C
Project:
Address:
Chilliwack, British Columbia
Developer:
Diverse
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
698 sqft
Occupancy Date:
Mar 2024
Price, CAD
$349,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.75%
Cumulative Return on Investment in Year 5
152.58%
Property Price at the End of Year 5
$451,000
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 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $231,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $8,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $61,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $26,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $292,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $170,000 |
| total expense investment | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $170,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $9,000 | $7,000 | $8,000 | $10,000 | $11,000 | $12,000 | $14,000 | $15,000 | $17,000 | $19,000 | $122,000 |
| cumulative roi | $154 | $147 | $148 | $150 | $153 | $156 | $159 | $163 | $167 | $172 | $2,000 |
York Residences
Address: Chilliwack, British Columbia
Price Range: $280,000 - $600,000
Avail. suites: 19
0—3 bd
383—2058 SqFt