Suite number:
O3
Project:
Address:
Surrey, British Columbia
Developer:
Allure Ventures Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
672 sqft
Occupancy Date:
Sep 2028
Price, CAD
$700,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.69%
Cumulative Return on Investment in Year 5
112.63%
Property Price at the End of Year 5
$902,000
Deposit Schedule
Total up to 15% in 360 days
$105,000
Net Gain (Loss)
Get Expert Advice
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
| rent income | - | - | - | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $157,000 |
| mortgage principal reduction | - | - | - | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $70,000 |
| deposit interest | $60 | $5,000 | $5,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $36,000 | $44,000 | $45,000 | $76,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $704,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $105,000 | - | - | - | - | - | - | - | - | - | $105,000 |
| remaining balance payment | - | - | $35,000 | - | - | - | - | - | - | - | $35,000 |
| closing cost | - | - | $34,000 | - | - | - | - | - | - | - | $34,000 |
| operating expense | - | - | - | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $67,000 |
| mortgage payment | - | - | - | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $245,000 |
| total expense investment | $105,000 | - | $69,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $486,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$68,644 | $44,000 | -$23,082 | $32,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $219,000 |
| cumulative roi | $35 | $76 | $77 | $98 | $113 | $126 | $138 | $150 | $161 | $173 | $1,000 |
SkyLiving
Address: Surrey, British Columbia
Price Range: $400,000 - $700,000
Avail. suites: 10
0—3.5 bd
385—1486 SqFt