Suite number:
Suite 210
Project:
Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
650 sqft
Occupancy Date:
Jan 2025
Price, CAD
$549,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.48%
Cumulative Return on Investment in Year 5
90.43%
Property Price at the End of Year 5
$707,000
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 | $28,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $362,000 |
| rent income | $14,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $183,000 |
| mortgage principal reduction | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $84,000 |
| deposit interest | $235 | - | - | - | - | - | - | - | - | - | $235 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $54,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $635,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| remaining balance payment | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $62,000 |
| mortgage payment | $25,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $273,000 |
| total expense investment | $171,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $475,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$116,794 | $20,000 | $22,000 | $25,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $43,000 | $160,000 |
| cumulative roi | $26 | $45 | $61 | $76 | $90 | $104 | $117 | $130 | $143 | $156 | $947 |
The Rise on Fifth
Address: Sidney, British Columbia
Price Range: $549,000 - $2,299,000
Avail. suites: 20
1—3.5 bd
567—1391 SqFt