Suite number:
A1
Project:
Address:
Surrey, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
716 sqft
Occupancy Date:
Sep 2026
Price, CAD
$589,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.47%
Cumulative Return on Investment in Year 5
104.49%
Property Price at the End of Year 5
$760,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$29,495
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 | $30,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $389,000 |
rent income | - | $9,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $207,000 |
mortgage principal reduction | - | $3,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $74,000 |
deposit interest | $2,000 | $771 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $32,000 | $50,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $677,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $29,000 | - | - | - | - | - | - | - | - | - | $29,000 |
remaining balance payment | - | $88,000 | - | - | - | - | - | - | - | - | $88,000 |
closing cost | - | $31,000 | - | - | - | - | - | - | - | - | $31,000 |
operating expense | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $62,000 |
mortgage payment | - | $12,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $249,000 |
total expense investment | $29,000 | $135,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $460,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$85,142 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $46,000 | $50,000 | $217,000 |
cumulative roi | $108 | $48 | $68 | $87 | $104 | $121 | $138 | $154 | $171 | $189 | $1,000 |
Pinnacle by Mortise
Address: Surrey, British Columbia
Price Range: $569,000 - $750,000
Avail. suites: 10
1—2.5 bd
653—966 SqFt