Suite number:
A2 - BUILDING 3
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
603 sqft
Occupancy Date:
Dec 2027
Price, CAD
$529,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.14%
Cumulative Return on Investment in Year 5
106.75%
Property Price at the End of Year 5
$683,000
Deposit Schedule
Total up to 5% in 7 days
$26,495
5% on Occupancy
$26,495
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 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $350,000 |
| rent income | - | - | $1,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $114,000 |
| mortgage principal reduction | - | - | $533 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $54,000 |
| deposit interest | $3,000 | $3,000 | $2,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $30,000 | $32,000 | $35,000 | $58,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $530,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| remaining balance payment | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
| closing cost | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
| operating expense | - | - | $657 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $60,000 |
| mortgage payment | - | - | $2,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $188,000 |
| total expense investment | $53,000 | - | $86,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $384,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$22,822 | $32,000 | -$51,302 | $23,000 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $147,000 |
| cumulative roi | $57 | $117 | $73 | $94 | $107 | $118 | $129 | $140 | $150 | $160 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $490,000 - $823,000
Avail. suites: 26
1—3 bd
513—975 SqFt