Suite number:
F1 - 403
Project:
Address:
Saanich, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1068 sqft
Occupancy Date:
Jan 2027
Price, CAD
$860,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.71%
Cumulative Return on Investment in Year 5
116.38%
Property Price at the End of Year 5
$1,108,000
Deposit Schedule
Total up to 10% in 7 days
$86,000
5% on Occupancy
$43,000
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 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $568,000 |
| rent income | - | $25,000 | $38,000 | $40,000 | $42,000 | $44,000 | $45,000 | $47,000 | $49,000 | $52,000 | $382,000 |
| mortgage principal reduction | - | $7,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $111,000 |
| deposit interest | $6,000 | $2,000 | - | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $51,000 | $86,000 | $99,000 | $104,000 | $109,000 | $114,000 | $119,000 | $125,000 | $131,000 | $137,000 | $1,074,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $129,000 | - | - | - | - | - | - | - | - | - | $129,000 |
| remaining balance payment | - | $43,000 | - | - | - | - | - | - | - | - | $43,000 |
| closing cost | - | $37,000 | - | - | - | - | - | - | - | - | $37,000 |
| operating expense | - | $8,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $120,000 |
| mortgage payment | - | $29,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $373,000 |
| total expense investment | $129,000 | $117,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $702,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$78,163 | -$31,177 | $43,000 | $47,000 | $52,000 | $57,000 | $62,000 | $68,000 | $73,000 | $79,000 | $372,000 |
| cumulative roi | $39 | $53 | $75 | $96 | $116 | $136 | $157 | $178 | $200 | $223 | $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