Suite number:
B1 - 214
Project:
Address:
Saanich, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
907 sqft
Occupancy Date:
Jan 2027
Price, CAD
$620,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.32%
Cumulative Return on Investment in Year 5
101.67%
Property Price at the End of Year 5
$799,000
Deposit Schedule
Total up to 10% in 7 days
$62,000
5% on Occupancy
$31,000
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 | $32,000 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $409,000 |
| rent income | - | $14,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $216,000 |
| mortgage principal reduction | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $80,000 |
| deposit interest | $5,000 | $1,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $37,000 | $59,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $716,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| remaining balance payment | - | $31,000 | - | - | - | - | - | - | - | - | $31,000 |
| closing cost | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
| operating expense | - | $6,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $89,000 |
| mortgage payment | - | $21,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $269,000 |
| total expense investment | $93,000 | $90,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $514,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$56,350 | -$30,573 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $202,000 |
| cumulative roi | $39 | $51 | $70 | $86 | $102 | $116 | $130 | $144 | $158 | $172 | $1,000 |
Cadence by Abstract Developments
Address: Saanich, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 8
1—2.5 bd
579—1068 SqFt