Suite number:
A2-06 - 3606
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
635 sqft
Occupancy Date:
Dec 2025
Price, CAD
$654,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.04%
Cumulative Return on Investment in Year 5
82.75%
Property Price at the End of Year 5
$844,000
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 | $46,000 | $49,000 | $51,000 | $54,000 | $432,000 |
| rent income | $6,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $128,000 |
| mortgage principal reduction | $4,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $95,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $50,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $661,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| remaining balance payment | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
| operating expense | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $69,000 |
| mortgage payment | $16,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $312,000 |
| total expense investment | $183,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $545,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$133,113 | $16,000 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $117,000 |
| cumulative roi | $26 | $44 | $59 | $72 | $83 | $93 | $103 | $112 | $121 | $129 | $840 |
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