Suite number:
C1 LV1
Project:
Address:
Saanich, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
697 sqft
Occupancy Date:
Sep 2026
Price, CAD
$555,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.84%
Cumulative Return on Investment in Year 5
108.66%
Property Price at the End of Year 5
$716,000
Deposit Schedule
Total up to 5% in 7 days
$27,795
5% on Occupancy
$27,795
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 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $367,000 |
rent income | - | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $261,000 |
mortgage principal reduction | - | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $75,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $31,000 | $67,000 | $65,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $711,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
remaining balance payment | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
closing cost | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
operating expense | - | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $86,000 |
mortgage payment | - | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $251,000 |
total expense investment | $142,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $479,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$110,317 | $30,000 | $28,000 | $31,000 | $34,000 | $37,000 | $40,000 | $44,000 | $47,000 | $51,000 | $232,000 |
cumulative roi | $23 | $49 | $70 | $90 | $109 | $128 | $147 | $167 | $188 | $210 | $1,000 |
Oak & Stone
Address: Saanich, British Columbia
Price Range: $466,000 - $890,000
Avail. suites: 19
1—2 bd
558—1223 SqFt