Suite number:
A2 - BUILDING 3
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
603 sqft
Occupancy Date:
Dec 2027
Price, CAD
$439,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.83%
Cumulative Return on Investment in Year 5
96.71%
Property Price at the End of Year 5
$567,000
Deposit Schedule
Total up to 2.5% in 7 days
$10,998
2.5% on Occupancy
$10,998
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 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $290,000 |
| rent income | - | - | $12,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $128,000 |
| mortgage principal reduction | - | - | $5,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $50,000 |
| deposit interest | $1,000 | $1,000 | $98 | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $24,000 | $25,000 | $47,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $62,000 | $476,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $22,000 | - | - | - | - | - | - | - | - | - | $22,000 |
| remaining balance payment | - | - | $66,000 | - | - | - | - | - | - | - | $66,000 |
| closing cost | - | - | $28,000 | - | - | - | - | - | - | - | $28,000 |
| operating expense | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $65,000 |
| mortgage payment | - | - | $18,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $173,000 |
| total expense investment | $22,000 | - | $119,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $353,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $25,000 | -$72,307 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $123,000 |
| cumulative roi | $109 | $224 | $67 | $83 | $97 | $110 | $122 | $134 | $145 | $157 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $440,000 - $800,000
Avail. suites: 42
1—3 bd
513—1102 SqFt