Suite number:
C2
Project:
Address:
Surrey, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
658 sqft
Occupancy Date:
Sep 2028
Price, CAD
$649,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.01%
Cumulative Return on Investment in Year 5
112.22%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 180 days
$32,495
5% on Occupancy
$32,495
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
| rent income | - | - | - | $14,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $147,000 |
| mortgage principal reduction | - | - | - | $6,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $62,000 |
| deposit interest | $1,000 | $3,000 | $3,000 | $693 | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $35,000 | $38,000 | $41,000 | $65,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $651,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $32,000 | $32,000 | - | - | - | - | - | - | - | - | $65,000 |
| remaining balance payment | - | - | - | $65,000 | - | - | - | - | - | - | $65,000 |
| closing cost | - | - | - | $32,000 | - | - | - | - | - | - | $32,000 |
| operating expense | - | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $63,000 |
| mortgage payment | - | - | - | $24,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $220,000 |
| total expense investment | $32,000 | $32,000 | - | $128,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $446,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $6,000 | $41,000 | -$63,033 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $206,000 |
| cumulative roi | $107 | $112 | $175 | $97 | $112 | $126 | $138 | $151 | $163 | $175 | $1,000 |
BridgeCity
Address: Surrey, British Columbia
Price Range: $380,000 - $741,000
Avail. suites: 11
0—2.5 bd
388—917 SqFt