Suite number:
B4
Project:
Address:
Surrey, British Columbia
Developer:
StreetSide Developments (British Columbia)
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
601 sqft
Occupancy Date:
Jun 2028
Price, CAD
$605,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.58%
Cumulative Return on Investment in Year 5
107.91%
Property Price at the End of Year 5
$779,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$30,250
5% on Occupancy
$30,250
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 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $399,000 |
rent income | - | - | - | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $112,000 |
mortgage principal reduction | - | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $61,000 |
deposit interest | $3,000 | $3,000 | $3,000 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $34,000 | $36,000 | $38,000 | $63,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $586,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
remaining balance payment | - | - | $61,000 | - | - | - | - | - | - | - | $61,000 |
closing cost | - | - | $32,000 | - | - | - | - | - | - | - | $32,000 |
operating expense | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $55,000 |
mortgage payment | - | - | - | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $212,000 |
total expense investment | $61,000 | - | $92,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $420,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$26,464 | $36,000 | -$54,301 | $25,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $166,000 |
cumulative roi | $56 | $116 | $75 | $95 | $108 | $119 | $130 | $140 | $150 | $159 | $1,000 |
Juno
Address: Surrey, British Columbia
Price Range: $449,000 - $1,000,000
Avail. suites: 34
0—3 bd
454—1417 SqFt