Suite number:
C1-08 - 3308
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1818 sqft
Occupancy Date:
Dec 2025
Price, CAD
$1,589,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.33%
Cumulative Return on Investment in Year 5
110.21%
Property Price at the End of Year 5
$2,048,000
Deposit Schedule
$10 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 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $1,049,000 |
| rent income | $32,000 | $65,000 | $68,000 | $71,000 | $74,000 | $77,000 | $80,000 | $83,000 | $87,000 | $91,000 | $727,000 |
| mortgage principal reduction | $10,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $230,000 |
| deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $133,000 | $172,000 | $180,000 | $189,000 | $198,000 | $208,000 | $218,000 | $228,000 | $239,000 | $251,000 | $2,015,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $159,000 | - | - | - | - | - | - | - | - | - | $159,000 |
| remaining balance payment | $159,000 | - | - | - | - | - | - | - | - | - | $159,000 |
| closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | $11,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $223,000 |
| mortgage payment | $40,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 | $756,000 |
| total expense investment | $420,000 | $101,000 | $102,000 | $102,000 | $103,000 | $103,000 | $104,000 | $104,000 | $105,000 | $106,000 | $1,349,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$286,724 | $71,000 | $79,000 | $87,000 | $95,000 | $104,000 | $114,000 | $124,000 | $134,000 | $145,000 | $666,000 |
| cumulative roi | $27 | $50 | $71 | $91 | $110 | $129 | $148 | $168 | $188 | $209 | $1,000 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $655,000 - $1,590,000
Avail. suites: 11
1—3.5 bd
635—1913 SqFt