Suite number:
B2 - 514
Project:
Address:
Saanich, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
579 sqft
Occupancy Date:
Jan 2027
Price, CAD
$615,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.53%
Cumulative Return on Investment in Year 5
93.51%
Property Price at the End of Year 5
$792,000
Deposit Schedule
Total up to 10% in 7 days
$61,500
5% on Occupancy
$30,750
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $406,000 |
| rent income | - | $9,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $138,000 |
| mortgage principal reduction | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $79,000 |
| deposit interest | $4,000 | $1,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $36,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $634,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $92,000 | - | - | - | - | - | - | - | - | - | $92,000 |
| remaining balance payment | - | $31,000 | - | - | - | - | - | - | - | - | $31,000 |
| closing cost | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
| operating expense | - | $4,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $63,000 |
| mortgage payment | - | $21,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $267,000 |
| total expense investment | $92,000 | $88,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $485,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$55,896 | -$33,650 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $150,000 |
| cumulative roi | $39 | $50 | $67 | $81 | $94 | $105 | $116 | $126 | $136 | $146 | $960 |
Cadence by Abstract Developments
Address: Saanich, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 8
1—2.5 bd
579—1068 SqFt