Suite number:
A1
Project:
Address:
Surrey, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
388 sqft
Occupancy Date:
Sep 2028
Price, CAD
$379,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.95%
Cumulative Return on Investment in Year 5
100.75%
Property Price at the End of Year 5
$489,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 180 days
$18,995
5% on Occupancy
$18,995
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 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $251,000 |
| rent income | - | - | - | $5,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $52,000 |
| mortgage principal reduction | - | - | - | $3,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $36,000 |
| deposit interest | $754 | $2,000 | $2,000 | $405 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $20,000 | $22,000 | $24,000 | $37,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $349,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $19,000 | $19,000 | - | - | - | - | - | - | - | - | $38,000 |
| remaining balance payment | - | - | - | $38,000 | - | - | - | - | - | - | $38,000 |
| closing cost | - | - | - | $27,000 | - | - | - | - | - | - | $27,000 |
| operating expense | - | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $34,000 |
| mortgage payment | - | - | - | $14,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $128,000 |
| total expense investment | $19,000 | $19,000 | - | $83,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $266,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | $3,000 | $24,000 | -$45,913 | $12,000 | $14,000 | $16,000 | $18,000 | $20,000 | $22,000 | $83,000 |
| cumulative roi | $108 | $112 | $175 | $90 | $101 | $110 | $119 | $127 | $135 | $143 | $1,000 |
BridgeCity
Address: Surrey, British Columbia
Price Range: $380,000 - $741,000
Avail. suites: 11
0—2.5 bd
388—917 SqFt