Suite number:
A12 - Building 4
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
624 sqft
Occupancy Date:
Dec 2027
Price, CAD
$515,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.36%
Cumulative Return on Investment in Year 5
107.37%
Property Price at the End of Year 5
$665,000
Deposit Schedule
Total up to 2.5% in 7 days
$12,898
2.5% on Occupancy
$12,898
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 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $341,000 |
| rent income | - | - | $18,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $198,000 |
| mortgage principal reduction | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $59,000 |
| deposit interest | $1,000 | $1,000 | $115 | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $28,000 | $30,000 | $58,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $80,000 | $605,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $26,000 | - | - | - | - | - | - | - | - | - | $26,000 |
| remaining balance payment | - | - | $77,000 | - | - | - | - | - | - | - | $77,000 |
| closing cost | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
| operating expense | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $74,000 |
| mortgage payment | - | - | $22,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $202,000 |
| total expense investment | $26,000 | - | $136,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $410,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $30,000 | -$77,763 | $26,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $44,000 | $196,000 |
| cumulative roi | $109 | $224 | $70 | $89 | $107 | $125 | $142 | $160 | $177 | $196 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $440,000 - $800,000
Avail. suites: 42
1—3 bd
513—1102 SqFt