Suite number:
B3
Project:
Address:
Surrey, British Columbia
Developer:
StreetSide Developments (British Columbia)
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
685 sqft
Occupancy Date:
Jun 2028
$500,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
27.34%
Cumulative Return on Investment in Year 5
118.95%
Property Price at the End of Year 5
$644,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$25,000
5% on Occupancy
$25,000
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
rent income | - | - | - | $7,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $116,000 |
mortgage principal reduction | - | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $47,000 |
deposit interest | $2,000 | $3,000 | $3,000 | $1,000 | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $28,000 | $30,000 | $31,000 | $46,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $506,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
remaining balance payment | - | - | - | $50,000 | - | - | - | - | - | - | $50,000 |
closing cost | - | - | - | $28,000 | - | - | - | - | - | - | $28,000 |
operating expense | - | - | - | $3,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $55,000 |
mortgage payment | - | - | - | $10,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $156,000 |
total expense investment | $50,000 | - | - | $91,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $34,000 | $339,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$21,863 | $30,000 | $31,000 | -$45,426 | $22,000 | $25,000 | $27,000 | $30,000 | $33,000 | $36,000 | $168,000 |
cumulative roi | $56 | $116 | $179 | $103 | $119 | $133 | $146 | $159 | $171 | $183 | $1,000 |
Juno
Address: Surrey, British Columbia
Price Range: $400,000 - $1,000,000
Avail. suites: 34
0—3 bd
454—1417 SqFt