Suite number:
D2
Project:
Address:
Surrey, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
797 sqft
Occupancy Date:
Sep 2028
Price, CAD
$722,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.54%
Cumulative Return on Investment in Year 5
114.23%
Property Price at the End of Year 5
$931,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 180 days
$36,145
5% on Occupancy
$36,145
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 | $37,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $477,000 |
| rent income | - | - | - | $17,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $178,000 |
| mortgage principal reduction | - | - | - | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $69,000 |
| deposit interest | $1,000 | $3,000 | $4,000 | $771 | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $39,000 | $42,000 | $45,000 | $74,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $738,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $36,000 | $36,000 | - | - | - | - | - | - | - | - | $72,000 |
| remaining balance payment | - | - | - | $72,000 | - | - | - | - | - | - | $72,000 |
| closing cost | - | - | - | $34,000 | - | - | - | - | - | - | $34,000 |
| operating expense | - | - | - | $8,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $75,000 |
| mortgage payment | - | - | - | $27,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $244,000 |
| total expense investment | $36,000 | $36,000 | - | $141,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $498,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $6,000 | $45,000 | -$67,563 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $240,000 |
| cumulative roi | $107 | $112 | $175 | $98 | $114 | $129 | $142 | $155 | $168 | $181 | $1,000 |
BridgeCity
Address: Surrey, British Columbia
Price Range: $380,000 - $741,000
Avail. suites: 11
0—2.5 bd
388—917 SqFt