Suite number:
A1-09 - 3209
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
651 sqft
Occupancy Date:
Dec 2025
Price, CAD
$659,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.08%
Cumulative Return on Investment in Year 5
82.94%
Property Price at the End of Year 5
$850,000
Deposit Schedule
$10 at Signing
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 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $436,000 |
| rent income | $6,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $131,000 |
| mortgage principal reduction | $4,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $95,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $51,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $668,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| remaining balance payment | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
| operating expense | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $71,000 |
| mortgage payment | $17,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $314,000 |
| total expense investment | $185,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $550,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$133,961 | $16,000 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $119,000 |
| cumulative roi | $26 | $44 | $59 | $72 | $83 | $93 | $103 | $112 | $121 | $130 | $842 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $655,000 - $1,590,000
Avail. suites: 11
1—3.5 bd
635—1913 SqFt